Comments for The World Is Powering Up While America Powers Down at http://www.rightsidenews.com , comment 1 to 1 out of 1 comments http://www.rightsidenews.com Sat, 07 Nov 2009 20:50:01 +0100 FeedCreator 1.7.3 http://www.rightsidenews.com/200807241527/energy-and-environment/the-world-is-powering-up-while-america-powers-down.html#comment-96 You say that “the nuclear industry does not need subsidies or handouts in order to succeed,” however the leading experts on Wall Street disagree. Just last week the Managing Director of Goldman, Sachs & Co. testified, in front of a Senate Subcommittee hearing, that Wall Street will not financially back the building of new nuclear reactors without federally funded loan guarantees. It is too big of a risk for Wall Street. The utility companies are undersized compared to scope of the projected costs. For full text of his testimony: http://epw.senate.gov/public/index.cfm?FuseAction=Files.View&FileStore_id=2b0a5373-fe06-4f31-b76c-560b2a5f8d8c - Aja Fri, 25 Jul 2008 11:22:51 +0100