Billions of New Nuke Giveaways in Kerry-Lieberman Bill Exposed http://www.commondreams.org/headline/2010/06/17-7
Earth Track Analysis Finds That Just Two of the Subsidies Add Another $1.3 Billion to $3 Billion in Tax Breaks Per Reactor.“Doling out an additional $1.3-$3 billion in tax breaks per new reactor means the industry would be at the table playing almost entirely with taxpayer money. Industry will have little to lose when a reactor goes belly up.
While taxpayers are bankrolling the industry’s nuclear gamble they would share in none of the reactor’s financial returns. In fact, all taxpayers will receive if the reactors are built is responsibility for disposing of the waste. By contrast, investors stand to make billions with no risk should their reactor gambit goes belly up and enter bankruptcy.”