A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use overseas jobs to build most of them.
Fiscal watchdogs are skeptical of Obama's move to give US loan guarantees for the construction of nuclear power plants, citing risk of default. Wall Street, too, has been reluctant to invest. Might that change now?
In announcing $8.3 billion in loan guarantees for the first new nuclear reactors in the US in 30 years, Obama is setting the stage for a nuclear power comeback. But many challenges lie ahead.
President Obama's $8 billion loan guarantee will give the US its first nuclear power plant in three decades. But economic hurdles are high.
Retiree uses fly ash and chicken litter to develop an odorless, nutrient-rich compost that he hopes is the perfect garden fertilizer.