STOP the $54 billion nuclear giveaway!



CALL ON THURSDAY, FEBRUARY 25 (note date change)


February 22, 2010

Dear Friends,

President Obama wants to triple the loan program for construction of new nuclear reactors, to $54 billion.

As we pointed out last week, these are not loan “guarantees”–they are direct taxpayer loans to wealthy nuclear utilities from the government’s Federal Financing Bank. And this is just a proposal–it’s not a done deal.

We won’t let him get away with it.

*If you haven’t written your House member yet (and most of you haven’t!), please do so here now.

*We have a new letter for your Senators. Write them here, now.

*On Thursday, February 25, join National Call-Congress Day and call your Representatives and your Senators. Tell them to stop the tripling of the nuclear loan program. You can reach all of your Congressmembers at 202-224-3121. Or, note that when you write your Senators and Representative, the direct phone numbers for most of them pop up. Just write those numbers down.

Note: The date for the Call-Congress Day has changed to Thursday so as not to conflict with a healthcare call-in day on Wednesday sponsored by and other groups.

Some quick talking points for your calls on Thursday:

*The American people are tired of corporate bailouts. In this case, taxpayers would provide the loans and take all the risk. The large utilities would take any profits, and taxpayers would pay for all losses. That is fundamentally unfair to the American people.

*Congress should wait and see how the current loans (to the Vogtle reactors in Georgia and likely one or two more reactors) fare before risking even more taxpayer money on nuclear loans.

*Nuclear power remains dirty and dangerous, as demonstrated by the recent toxic tritium leaks at the Vermont Yankee reactor and elsewhere.

*It would be folly to repeat the mistakes of the past and encourage new reactor construction when we still don’t know how to handle the radioactive waste from existing reactors.

*We need to address the climate crisis with the fastest, cheapest, cleanest and safest means possible of reducing carbon emissions. Nuclear power is the slowest, most expensive, dirtiest and most dangerous technology available. And nuclear power is not carbon-free: its carbon footprint is about six times that of wind, 2-3 times greater than solar, and many times greater than energy efficiency.

*Our goal should be to attain a nuclear-free, carbon-free energy future. Anyone who believes this isn’t possible just isn’t paying attention.

This battle won’t be won overnight. We don’t know when Congress may vote on Obama’s proposal (or even if it will receive a floor vote). But with the nuclear industry and the administration pushing for it right now, we need to push back now with as many of your voices as we can.

*So please, if you haven’t yet send a letter to your House member, do so here.

*Please send a letter to your Senators here.

*Please call your Congressmembers on Thursday, February 25, with the simple message: no more radioactive loans! Let’s keep those phones ringing all day long!

Thank you to the more than 600 new people who have sent in letters since Friday! And thank you to everyone who has posted on your blogs and Facebook pages and forwarded to your friends! Please keep it up! Help spread the word!

Your actions matter. We won this battle twice last year: with your help, we can do it again.
Thanks for all you do,

Michael Mariotte
Executive Director
Nuclear Information and Resource Service

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.