Congress must approve loan guarantees for new nuclear projects

Congress must approve loan guarantees for new nuclear projects
U.S. lawmakers should be doing everything they can to boost development of nuclear energy and need to realize the urgency of that task, according to this opinion column. Though policymakers support the building of nuclear plants, they are tightening access to sources of private funding. Congress needs to approve loan guarantees to help finance these facilities and help the country revive its nuclear industry. Loan guarantees limit the cost of interest on private financing, keeping utilities and power consumers from spending millions of dollars. The Times (Trenton, N.J.)