On Tuesday Feb 16, (2010) Obama announced that he would make loan guarantees for nuclear power plants to encourage new construction. He is encouraging more nuclear power plants be built, but it meeting resistance from many people who want to see nuclear water issues worked out before more waste is created. There are still huge concerns around nuclear waste and no great plans of how to deal with it.
Yes. President Obama guaranteed $8 billion in federal loans to build to more reactors in Burke, Georgia. He also approved an $18 billion budget for nuclear projects and seeks additional $36 billion for new power plants from the 2011 budget. President Obama is the first in 20 years to approve building new nuclear power plants.
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