Government Subsidies and Loan Guarantees
The Congressional Budget Office has found that the the US Government is undercharging applicants for nuclear loan guarantees, putting taxpayers at huge risk. The fees charged to applicants by the US government are significantly lower than what would be charged in the private sector. Read more »
(October 2010) Michele Boyd, Physicians for Social Responsibility. This paper analyzes the potential for a nuclear revival in the US and finds that the nuclear industry is uncompetitive and will only build new reactors if they are heavily subsidized by the government. Read more »
Union of Concerned Scientists (March, 2009). David Schlissel, Senior Consultant, Synapse Energy and Economics, Inc.; Michael Mullet, Mullet and Associates; Robert Alvarez, Institute for Policy Studies. A report analyzing the risk exposure the federal government takes on as part of its loan guarantee program for nuclear reactors. Read more »
Vermont Law School (March, 2008). Peter Bradford, Adjunct Professor, Vermont Law School. A discussion of recent efforts to shift financial burdens for the development of new nuclear reactors onto taxpayers, with a recap of the consequences of previous federal subsidy for nuclear power. Read more »
EarthTrack, Inc. (November, 2006). Doug Koplow, EarthTrack, Inc. A report on the growth of subsidies in the U.S. energy sector and the market distortions associated with subsidy of nuclear power. Read more »
A briefing book containing materials on the economics of nuclear reactors for members of the 112th Congress. Read more »
A report by Dr. Mark Cooper, Institute for Energy and the Environment, Vermont Law School on the risks to ratepayers and taxpayers posed by nuclear subsidies such as construction work in progress and loan guarantees. Read more »
a basic factsheet about the risks of new nuclear reactors. Read more »