Enviros Challenge DOE's $8.3B Nuclear Loan Guarantee

Law360, New York (February 06, 2012, 4:33 PM ET) -- As the country's first new nuclear power plant since 1974 moves toward regulatory approval, an environmental group on Monday renewed calls for the U.S. Department of Energy to release details about its $8.3 billion loan guarantee for the project.

The Southern Alliance for Clean Energy says the agency is “resisting any meaningful public disclosure” about taxpayer risk related to the credit subsidy for The Southern Co., which broke ground last year on two new nuclear reactors at an existing power plant in Georgia.

The Nuclear Regulatory...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers