MASSACHUSETTS FORUM
By Richard Clapp
The long-awaited climate proposal crafted by Sens. John Kerry and Joseph Lieberman has finally landed on Capitol Hill. The proposal, though, is a massive nuclear bailout under the guise of an energy overhaul.
Near the top of the almost-1,000-page document is this statement: It is the policy of the United States&to facilitate the continued development and growth of a safe and clean nuclear energy industry. To achieve that, the proposal offers $54 billion in loan guarantees, plus enormous tax breaks and other financial giveaways, and cuts short licensing and safety reviews of new reactors.
The nuclear power industry has skillfully and successfully painted itself green -- an environmentally benign answer to reducing carbon emissions. The industry and many in Washington want us to believe that a new generation of nuclear reactors will solve the problems of climate change and allow us to live happily ever after. That's a costly fairy tale.
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