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A Small Step in the Right Direction

For anyone who’s followed this blog for any length of time, there hasn’t been much in the way of support for President Obama here. There’s a lot to criticize about what’s been going on in his administration since he took office last January and I intend to continue that where I believe it’s warranted. However, credit needs to be given when he takes a small step in the right direction.

Obama is backing an $8.3 billion loan guarantee to Southern Co. to build two nuclear power plants. This loan would apparently cover 70% of the costs associated with the project. The reactors would be built in Georgia, about 170 miles east of Atlanta. The two reactors, which could cost about $8.8 billion, could be in service by 2016 or 2017. The project would also generate about 3500 jobs and 800 high-paying jobs when finished.

More importantly, I hope this jump starts a movement to have more of these plants built. Contrary to popular belief, nuclear power is no longer anywhere near as risky as it used to be or, more accurately, as it has been perceived to be. Click here to read an article by University of Pittsburgh professor Bernard L. Cohen, Sc.D., about the risks associated with this form of power.

Now it could be said that President Obama is dangling this small carrot in front of the Republicans in Congress to make it a little easier to advance his agenda. That may be the case. However, I’ll take it if it means providing alternative sources of energy to all the foreign oil we are importing.

Now if we could just start tapping into the vast amounts of oil resources we already have and also make use of our world-leading supply of natural gas, then we will be getting somewhere.


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