The first-of-its-kind, $8 billion nuclear loan guarantee issued by the Department of Energy last week to a two-unit reactor project in the US Southeast may aid the entry of new nuclear reactors in the US for the first time in three decades. The government is expected to issue another $10 billion in guarantees within months (WGI Nov.25,p7). Nonetheless, industry observers say many US nuclear policy issues remain unresolved. Most notably, President Barack Obama's administration recently halted planning for a national nuclear waste repository.
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