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Wednesday
Jul022008

DOE Announces $30.5 Billion in Loan Guarantees, Mostly for Nukes

DateWednesday, July 2, 2008 at 03:48PM

DOE_logo.jpgThe U.S.Department of Energy announced Monday that it intends to provide more than $30 billion dollars in loan guarantees for projects that can reduce or sequester air pollutants and greenhouse gas emissions.

The DOE has structured the new program in a way that ensures that more than two thirds of the support will go to nuclear power facilities and nuclear fuels facilities. Less than one third of the DOE program is devoted to renewable energy and energy efficiency.

The video newscast containing this story is posted here. 

AuthorMark Sardella | CommentPost a Comment | | in ,

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