Senate Stimulus Bill to Include $50 Billion Bailout for Nuclear Industry. Press Release, Friends of the Earth, January 29, 2009. "Senate appropriators voted yesterday to add a preemptive, up-to-$50-billion bailout for the nuclear industry to economic stimulus legislation. The move was strongly criticized by Friends of the Earth President Brent Blackwelder... 'Now is not the time for another bailout boondoggle,' Blackwelder said. 'Nuclear power is the most expensive form of energy there is. It takes 10 years or more to build a reactor, so it is impossible to claim with a straight face that this preemptive bailout has anything to do with creating jobs. Senate appropriators' decision to include such wasteful spending in the stimulus is an example of Washington at its worst'... The Senate appropriators' vote does not mean that this nuclear industry bailout will take place. Stimulus language being considered by the House of Representatives does not include this bailout, and the disparity will be resolved in conference committee after each house passes its own legislative language." See FoE TV ad on bailing out nuclear industry.
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