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Nuclear power regaining favor
WASHINGTON - The Obama administration may soon guarantee as much as $18.5 billion in loans to build nuclear reactors to generate electricity, and Congress is considering whether to add billions more to support an expansion of nuclear power.
These actions come after an extensive, decade-long campaign in which companies and unions related to the industry have spent more than $600 million on lobbying and nearly $63 million on campaign contributions, according to an analysis by the Investigative Reporting Workshop at American University.
Nuclear power generates about 20 percent of America's electricity, but many existing reactors are aging. No new plant has been authorized since the 1979 incident at Three Mile Island in Pennsylvania, when small amounts of radiation were released and authorities feared for days that a huge surge might escape.
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| Environment Any factor such as substances, energy, noise, radiation or waste, including radioactive waste, emissions, discharges and other releases affecting, or likely to affect, the state of the elements of environment or any interaction between them. Also including administrative measures, policies, legislation, plans, programs and environmental agreements. |
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