Wednesday, May 12, 2010

Senate's climate bill to include $54B in nuclear loan guarantees

Senate's climate bill to include $54B in nuclear loan guarantees
The energy-and-climate bill to be unveiled today by Sens. John Kerry, D-Mass., and Joseph Lieberman, I-Conn., would approve $54 billion in federal loan guarantees for new nuclear projects. The measure would also provide a 10% tax credit for nuclear construction costs and permit the use of tax-exempt bonds for joint ventures for advanced nuclear facilities. Bloomberg Businessweek

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