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Idaho senator offers support to Piketon project

Full story: Columbus Dispatch

U.S. Sen. Jim Risch would back doubling federal loan guarantees for U.S. uranium enrichment projects to $4 billion and awarding half to a proposed new Ohio plant, if that's what it takes to help a competing proposal in Idaho that the first-term Republican fears could fall victim to politics.

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Know Better

Columbus, OH

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#1
Aug 13, 2009
 

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Well, too bad it had to a pollitician from Idaho although I'm glad he's supporting it. Where's Taxin Ted? Where are the rest of the states political leaders????? Most likley out of a job come next election. Which is a good thing!
Tiger850

Denver, CO

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#2
Aug 13, 2009
 

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Hard to believe US dollars used to support a French company. I just want to scream. Please for once use some common sense and help US companies for Christ sakes.
Tiger850

Denver, CO

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#3
Aug 13, 2009
 
How about a tarrif for Areva for climbing into US soil...better yet put USEC in Spain or France. Go USEC!!! We can certainly beat socialistic France's technology right!!?? Where are our priorities and ambitions?
Tiger850

Denver, CO

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#4
Aug 13, 2009
 

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Please Welch...be a leader...fighter...and dig in. Go get those yahoo's from France. anybody in USA got any brains left? Should I ad more comments I could go on all night! Chu and Obama who do you work for...WTF? Madder than hell in Colorado.
HighQ

Chillicothe, OH

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#5
Aug 14, 2009
 
That Areva can even be considered for the loan guarantee program is astounding. They are foreign owned and providing no construction jobs for the machines, buildings yes machines no, they want to use at the Eagle Rock facility. Thier profits selling to American nuclear power facilities takes money out of our economy and puts it into thier own. They propose a plant offering fewer construction jobs to Americans to construct and operate the facility long term when compared to USEC.
They have not even started construction at this time and do not even have the required NRC permit to qualify for the loan guarantee program. USEC has it's NRC permit and the facility is somewhere around half constructed now. And USEC is creating thousands of jobs in at least 11 states supporting the construction of the machines and facilities, and will employ more Americans than Areva.

Doubling the available funding for the Loan Guarantee program sounds good, but where is the money going to come from? Is it going to be reallocated from another section of the Loan Guarantee program or simply added to it at the cost of another existing program?
Money doesn't just come out of thin air, it has to come from some source and it has to be known from whence it can be moved. So what is going to be hurt by doubling the available funds? Senator Risch has to have some idea of where he is going to come up with the proposed monies to do this doubling and yet no source is stated. Knowing this might impact people that wouldn't normally be affected, and might set them off against it.

I don't know if it is crazy or not, but the idea of our government funds, paid by our taxpayers in the first place creating the Loan Guarantee program, providing funds to a French owned company (backed by their government) on a project that is not even started and is missing required permits, providing fewer construction and long term operating jobs, ultimately shoveling more money into a foreign governments coffers does not sound like a winner for the American people.
tinkerbella

Fairfield, CA

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#6
Aug 14, 2009
 

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Fat American burger lovers might not be able to handle nuclear jobs. I mean, what if the fatso got hungry and accidentally ate a radioactive particle? Then, we'll need to spend more taxpayer money to get the fatso back into health.
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