Wednesday, February 17, 2010

Obama announces Loan Guarantee for Nuclear Plant

Cordele Dispatch

President Barack Obama is highlighting a new investment in energy jobs with an announcement that the government will guarantee more than $8 billion in loans needed to build the first U.S. nuclear power plant in nearly three decades.

Obama was to make remarks Tuesday after touring a job training center at the headquarters of Local 26 of the International Brotherhood of Electrical Workers in nearby Lanham, Md. The union represents electrical and telecommunications workers, and it offers training useful for energy jobs, including the construction of nuclear power plants.

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