Climate bill may spur energy revolution
Associated Press
By H. Josef Hebert
June 27, 2009
Congress has taken its first step toward an energy revolution, with the prospect of profound change for every household, business, industry and farm in the decades ahead.
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The House-passed bill contains provisions to make it easier to get loan guarantees and expands the nuclear industry’s access to loans for reactor construction. An Environmental Protection Agency analysis that shows modest future costs from a low-climate energy world assumes a significant expansion of nuclear energy. The Senate could add more incentives for the nuclear industry.
