• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Home
  • About
  • Podcast
  • Archives

Atomic Insights

Atomic energy technology, politics, and perceptions from a nuclear energy insider who served as a US nuclear submarine engineer officer

Job creation effects of loan guarantee program

November 30, 2008 By Rod Adams

Dan Yurman of Idaho Samizdat has posted a comment provoking blog entry describing potential job creation effects of an expansion of the DOE nuclear power plant loan guarantee program initially authorized by the Energy Policy Act of 2005. One important point for all decision makers to understand is that the program could and should cost the taxpayers – NOTHING. The key to success is consistent standards with firm decision making that is not subject to constant review after it is complete.

I have no doubt that we have the skills, dedication, and hard working people necessary to successfully complete new power plants on time and within budget. I also have no doubt that we have a legal system and a group of professional anti-nuclear activists that can throw a wrench into the best projects if given a chance. We have a choice – well built plants that can economically supply low cost, emission free power for as long as most of us are going to be alive, or failed projects that become monuments to our continued addiction to fossil fuel combustion.

My vote is with the current and future nukes that can make the new Atomic Age a greater success than the first one.

Filed Under: Uncategorized

About Rod Adams

Rod Adams is an atomic energy expert with small nuclear plant operating and design experience, now serving as a Managing Partner at Nucleation Capital, an emerging climate-focused fund. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., one of the earliest advanced nuclear ventures, has engaged in technical, strategic, political, historic and financial discussion and analysis of the nuclear industry, its technology and policies for several decades. He is the founder of Atomic Insights and host and producer of The Atomic Show Podcast.

Please click here to subscribe to the Atomic Show RSS feed.

Primary Sidebar

Categories

Join Rod’s pronuclear network

Join Rod's pronuclear network by completing this form. Let us know what your specific interests are.

Recent Comments

  • Roger Clifton on Nucleation Capital’s Earth Day in Atherton
  • Rod Adams on Atomic Show #296 – Julia Pyke, Director of Finance Sizewell C
  • Colin Megson on Atomic Show #296 – Julia Pyke, Director of Finance Sizewell C
  • Colin Megson on Atomic Show #296 – Julia Pyke, Director of Finance Sizewell C
  • Ed Leaver on Atomic Show #296 – Julia Pyke, Director of Finance Sizewell C

Follow Atomic Insights

The Atomic Show

Atomic Insights

Recent Posts

Atomic Show #297 – Krusty – The Kilopower reactor that worked

Nuclear energy growth prospects and secure uranium supplies

Nucleation Capital’s Earth Day in Atherton

Atomic Show #296 – Julia Pyke, Director of Finance Sizewell C

Solar’s dirty secrets: How solar power hurts people and the planet

  • Home
  • About Atomic Insights
  • Atomic Show
  • Contact
  • Links

Search Atomic Insights

Archives

Copyright © 2022 · Atomic Insights

Terms and Conditions - Privacy Policy