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Final Push Towards Victory! Your Voice Needed Now! Take action!
Make a difference in the challenge to confront global warming and prevent nuclear war and the development and use of nuclear weapons.
The future of the disarmament agenda is on the line now as New START ratification moves forward in the US Senate.
Contact: Morgan Pinnell, mpinnell@psr.org, 202-587-5232
Washington, DC - President Obama announced today that DOE will issue $8.3 billion in a 'conditional' loan guarantee for two new nuclear reactors at the Vogtle site in Burke County, Georgia.
Statement of Peter Wilk, Executive Director, Physicians for Social Responsibility
"We are deeply disturbed by President Obama's decision to commit $8.33 billion in a nuclear loan guarantee bailout. New reactors are clearly bad investments because – even prior to the current credit crisis – Wall Street won't invest in them. In fact, even with this loan guarantee, Southern Company plans to borrow the money directly from US taxpayers through the Federal Finance Bank.
Not only does this put taxpayers on the hook for billions, it prioritizes a dirty, dangerous, and expensive technology over public health. From the beginning to the end of the nuclear fuel cycle, nuclear reactors remain a serious threat to public health and safety. From uranium mining waste to operating reactors leaking radioactivity to the lack of radioactive waste solutions, nuclear power continues to pose serious public health threats.
President Obama's announcement today is in direct contrast with statements he made while campaigning for President in 2008, in which he acknowledged that the cost, health, safety, and proliferation risks of nuclear power still need to be solved."
Putting another $25 billion into costly, economically risky and polluting new reactors will be at the expense of solving climate change with clean, renewable energy and efficiency. Call or email your Representatives today and tell them that these subsidies are unacceptable.
Even as the consequences of lax regulation and lax oversight are washing oil onto the Gulf coast, proposed climate legislation in the Senate would cut regulatory corners in licensing new nuclear reactors.
Dirty, Dangerous and Expensive: The Truth About Nuclear Power
The nuclear industry seeks to revitalize itself by manipulating the public’s concerns about global warming and energy insecurity to promote nuclear power as a clean and safe way to curb emissions of greenhouse gases and reduce dependence on foreign energy resources. Read more »
A government-sponsored study of childhood cancer in the proximity of German nuclear power plants (German acronym KiKK) found that children < 5 years living < 5 km from plant exhaust stacks had twice the risk for contracting leukemia as those residing > 5 km. Read more »
Existing Subsidies and Incentives for New Nuclear Reactors
A fact sheet on the current subsidies and incentives for new nuclear reactors. Read more »
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