Obama Administration moves to finance new nuclear plants

The World

President Obama is expected to announce loan guarantees for the construction and operation of two nuclear reactors in Georgia. The announcement is part of an effort to create jobs, find alternative energy sources and gain bipartisan support.

Aaron Gould Sheinin from the Atlanta Journal Constitution says the process is getting underway and that this will create 3000 construction jobs and 800 permanent jobs once the plants are running. However, he says there are still concerns about storing nuclear waste and safety.

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