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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Thomas A Watson who wrote (1191219)1/6/2020 3:52:58 PM
From: Wharf Rat  Respond to of 1573213
 
"Nuclear Power are the truth the most cost effective"
Rewarding failure: Taxpayers on hook for $12 billion nuclear boondoggle

BY DEBBIE DOOLEY AND SARA BARCZAK, OPINION CONTRIBUTORS — 04/02/19 11:30 AM EDT

There was plenty of fanfare recently at Georgia’s Plant Vogtle nuclear construction site with elected officials, including Georgia’s Governor Brian Kemp and all five Georgia Public Service Commissioners, clamoring for photo ops with U.S. Energy Secretary Rick Perry. What we could not see in those photos, and what was not mentioned during the day’s speeches, is the embarrassing reality that Vogtle’s nuclear expansion is billions of dollars over budget, its completion is far from certain, and the federal government is once again coming to the rescue.

If the project fails, will those smiling faces take responsibility for throwing billions of good dollars after billions of bad, especially when forewarned? Unfortunately for Georgia ratepayers and U.S. taxpayers, regardless of who shoulders the blame, they will be the ones stuck footing the bill.

thehill.com