Friday, January 29, 2010

Obama to increase loan guarantees to $54 billion

... from $18 billion. Here is a report from businessweek. Large reactor based nuclear plants are just too expensive for "sanity" to help build them. I was intrigued by one comment by Mr McKenna of MWR Strategies that demand for electricity in going down. These plants will take 5-6 years to come online. Can MWR predict that far and will demand still be lower... I doubt.

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