Nuclear Industry Spent Hundreds of Millions of Dollars Over the Last Decade to Sell Pub... - 0 views
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Energy Net on 08 Feb 10"The nuclear industry claims that there is increased public support for nuclear power as a solution to climate change, and some members of Congress are arguing that massive incentives for new nuclear reactors are critical to passing a climate and energy bill. Today, the Obama administration is expected to propose tripling the amount of loan guarantees to the industry to $54 billion and there are proposals in Congress to add billions more through a new "clean" energy fund and other incentives to support nuclear power expansion. Where did all this support for new nuclear reactors come from? Let's follow the money. Growing support for new nuclear power comes after an extensive decade-long campaign in which companies and unions related to the industry have spent more than $650 million on lobbying and campaign contributions from 1999 through 2008, according to a new analysis by former Los Angeles Times reporter Judy Pasternak, now with the Investigative Reporting Workshop at American University. In the first three quarters of 2009 alone, the nuclear energy industry spent $84 million lobbying Congress. "