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---------- Forwarded message ----------
From: Nuclear Information and Resource Service <[email protected]>
Date: Thu, Jan 29, 2009 at 9:08 AM
Subject: Urgent: Act now to stop $50 Billion in nuke loan guarantees
To: [email protected]


Nuclear Information and Resource Service

January 29, 2009

The U.S. Senate Appropriations Committee late on the night of January
27 snuck in a provision to President Obama's economic stimulus package
that would allow as much as $50 BILLION of your dollars to be used as
loan guarantees for construction of new nuclear reactors. This would
be on top of the $18.5 Billion taxpayer dollars already authorized by
Congress during the Bush administration.

Please CALL your Senators today (202-224-3121) AND send them an e-mail
by clicking here.

These loan guarantees would mean more nuclear reactors and more
radioactive waste piling up in communities across our country. They
would also mean less money for safer, cheaper and cleaner energy
alternatives like solar and wind power.

The provision is vaguely worded. It would authorize $50 Billion in new
loan guarantees for "eligible technologies." These technologies
include nuclear, "clean coal," renewable energy sources and electric
transmission. But the stimulus package is intended to create new jobs
and economic
activity over the next two years. Not only should new nuclear reactors
and the false concept of  "clean coal" be excluded from taxpayer
support, but the reality is that neither technology is ready to
produce any jobs within the next two years.

The Department of Energy apparently would have to decide how to
allocate this $50 Billion. If it all went to safe, cost-effective
renewable energy sources,that would be one thing. Unfortunately, the
provision's backers, like Sens. Robert Bennett (R-UT) and Thomas
Carper (D-DE), are clear that their intent is that it would go for new
nuclear reactor construction. Yet the Congressional Budget Office
predicts a 50% default rate by nuclear utilities using this program!
This is simply a nuclear bailout waiting to happen, and we can't
afford it.

But it's not too late. You can help stop this nonsense. The full
Senate will vote on the stimulus package the week of February 2.
Please CALL your Senators now (Senate Switchboard: 202-224-3121) and
tell them to stop all loan guarantees for new nuclear reactors. AND,
please send an e-mail to your Senators with the same message by
clicking here.

We expect a lot more activity on these issues over the next few days
and weeks, and we will keep you alerted to new developments. And NIRS,
Physicians for Social Responsibility and other groups are calling for
a National Lobby Day on nuclear power for February 27, 2009, which
falls right between the Carbon-Free, Nuclear-Free conference and the
huge Power Shift conference. If you are coming to Washington for
either of those and are willing to meet with your Congressmembers, let
us know--we can set up meetings for you and assist in other ways too.
We'll be sending more information on the National Lobby Day soon.

Thanks for all you do,

Michael Mariotte

Executive Director

Nuclear Information and Resource Service

[email protected]

www.nirs.org

-------------------------------------------------------------

Finally, please help us continue and expand this type of outreach and
activity. We know it works! Please make a small, tax-deductible
donation to NIRS and support our work for a nuclear-free, carbon-free
energy future. You can do so here. Just imagine: if each of you
receiving this e-mail donated just the equivalent of a cup or so of
coffee a month--just $5--we could hire 2 new people and expand our
outreach budget by 50%! That's the kind of huge difference your
contributions can make!

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For more information about sustainability in the Tompkins County area, please 
visit:  http://www.sustainabletompkins.org/ 

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