Monday, September 17, 2012

House Republicans Target Loan Guarantees

House Republicans Target Loan Guarantees

On Friday the House of Representatives passed a bill that would end the Department of Energy's loan guarantee program.  

While the No More Solyndras Act was named for the failed solar panel manufacturer and followed Republicans' 18-month investigation into its $535 million loan, the legislation would also prohibit the Department of Energy from issuing loan guarantees for new nuclear plants.http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2012/09/17/house-republicans-target-loan-guarantees-091701.aspx

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