With the G.O.P. continuing to hurl accusations about the renewable energy loan guarantee program and House Republicans ratcheting up efforts to attack clean energy, today Congressman Edward J. Markey (D-Mass.), called on Chairmen Fred Upton and Cliff Stearns to hold hearings on the implementation of the nuclear power plant loan guarantee program, the issuance of the conditional nuclear loan guarantee that has been awarded, and the role the nuclear industry has had in altering the terms associated with subordination. The Department of Energy (DOE) has awarded an $8.3 billion conditional loan guarantee to Georgia Power Company to build 2 new nuclear reactors.
"There are many legitimate public policy considerations that Congress should explore regarding the full suite of the Department's loan guarantee programs," wrote Rep. Markey, top Democrat on the Natural Resources Committee and a senior member of the Energy and Commerce Committee. "We should subject the nuclear loan guarantee program to the same level of rigorous scrutiny as we are now insisting the solar loan guarantee program undergo."
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