loan guarantees
March 28, 2019 -
In 2001, the U.S. nuclear industry began hyping plans for new commercial reactor construction, which had skidded to a halt after the 1979 Three Mile Island nuclear disaster. But utilities' ambitious and expensive plans have fallen apart, leaving ratepayers in some Southern states forking over millions of dollars for nothing.
April 24, 2014 -
The U.S. Department of Energy has been less than forthcoming with details about a loan guarantee to help Georgia Power and its partners build two new nuclear reactors in Georgia. As it turns out, the company is getting quite a deal: absolutely free credit. Will taxpayers get burned again?
January 31, 2013 -
The Southern Alliance for Clean Energy fought the Obama administration in court to get it to disclose details about the $8.3 billion in loan guarantees it offered private companies to build two nuclear reactors at Georgia Power's Plant Vogtle. Though heavily redacted, the documents they got suggest there may be trouble for taxpayers if the deal is finalized as now structured.
September 21, 2012 -
From arranging their affairs so they get checks from the IRS rather than writing them, to their reliance on government contracts, U.S. corporations show a serious dependency on public assistance.
May 31, 2012 -
As the cost of proposed nuclear projects spirals out of control, regulated utilities across the Southeast turn to ratepayers for financing -- but they face growing resistance.
