westhamlet.com

home of the headless angel

February 17th, 2010

President Obama announced that an 8.3 billion dollar loan guarantee would go toward the building of twin nuclear reactors in Burke County, Georgia. This is the first nuclear project in the U.S. since the 1970’s. This was announced as part of the broad energy plan from the Obama Administration. The announcement is expected to garner some congressional Republican support, but just how much remains to be seen.

The news wasn’t exactly a surprise, but President Obama’s timing is interesting in that he seems to be putting forth an effort of reconciliation with the Republicans. Will this work? The President will most likely want more clean energy tax credits and he could use Republican help, even if it only looks good.