No Federal Loan Guarantees, No New Nukes
May. 16th, 2009 12:34 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
webfarmerNo one else is requiring billions in loan guarantees to get their projects going.
Chances Dim for Nuclear Plant - Houston Chronicle - 15 May 09
"Plans for a new nuclear power plant in Victoria are likely to be scrapped because the project isn’t expected to obtain necessary government-backed loans to help finance the facility, the CEO of the company proposing the plant said Friday.
Exelon Corp. CEO John Rowe said the Victoria plant would be canceled without the loan guarantees he called essential to putting the two-reactor operation online. 'We’ve been very clear we can’t do it without the guarantees,' Rowe told reporters after a speech at the National Press Club."
Chances Dim for Nuclear Plant - Houston Chronicle - 15 May 09
"Plans for a new nuclear power plant in Victoria are likely to be scrapped because the project isn’t expected to obtain necessary government-backed loans to help finance the facility, the CEO of the company proposing the plant said Friday.
Exelon Corp. CEO John Rowe said the Victoria plant would be canceled without the loan guarantees he called essential to putting the two-reactor operation online. 'We’ve been very clear we can’t do it without the guarantees,' Rowe told reporters after a speech at the National Press Club."
