“Scientists warn that we must make significant reductions in
global warming pollution within the next ten years to address the
most severe climate impacts and the average build time of a nuclear
power plant generally takes ten to twenty. Providing subsidies to
the nuclear industry in the form of loan-guarantees that the
Congressional Budget Office states have a greater than 50 percent
chance of being defaulted on, is therefore not only ineffectual,
but foolish and wasteful.
“We need sensible and substantive action by Members of Congress
that won’t put the public at further risk and will also address the
pressing issue of global warming within a time frame that will make
a difference. As a result, we urge the Senators to strip nuclear
subsidies not only from this bill, but any piece of legislation to
address climate change that comes before Congress. “
VVPR info: Contact: Jane Kochersperger, Greenpeace Media Officer, 202-680-3798 cell