Reply #6: But I have Coastie [View All]

[jpak]

from the link...

"We believe the limited incentives contained in the Energy Policy Act of 2005 for the first half-dozen reactors will jump-start construction."

Limited???

Unprecedented!!!

50% taxpayer financing of the licensing costs ($$ hundreds of millions $$).

$6 billion in production credits (1.8 cents per kWh).

$2 billion in taxpayer bailouts if the NRC (or heaven forbid "intervenors") delays construction.

Taxpayer guaranteed loans for up to 80% of the construction costs (~$9 billion minimum).

Why do they need this if nuclear power is so "economical"????