Filed under: Southern Company (SO)
Tuesday was an important day in the nation's journey back toward energy independence, as President Barack Obama announced the approval of $8.3 billion in loan guarantees to help the Southern Co. (SO) build a nuclear power plant in Georgia. The Obama administration has made a large increase nuclear power a top priority in its energy policy, in an effort to play catch-up for the decades lost without a coherent energy policy and without the wholesale development of the proven and innovative nuclear technology. Incredibly, no new nuclear plants have been licensed in the United States since 1979.
Continue reading U.S. Takes First Step in Nuclear Power's New Era
U.S. Takes First Step in Nuclear Power's New Era originally appeared on BloggingStocks on Tue, 16 Feb 2010 19:30:00 EST. Please see our terms for use of feeds.
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