Saturday, February 13, 2010

Cap and Trade is not Dead!!!!!



If you have been under the impression that the looney left ideas for Cap & Trade died when Scott Brown was elected to the Senate, think again!

As we reported a couple of weeks ago, the President's mention of supporting new Nuclear Power Plants in the State of the Union address was a ploy. A ploy to get Republicans to support his broader energy agenda. See here.

Now, the President is making his promise official with the offering of loan guarantees to build two new reactors in Georgia. As the story reports, Obama next week will announce the loan guarantee to build the nuclear power plant, an administration official said Friday. The two new Southern Co. reactors to be built in the state of Georgia, are part of a White House energy plan that administration officials hope will draw Republican support.

Will build republican support for what? Why Cap & Tax of course. Why maybe every republican who signs on to Cap & Tax will get a nuke loan guarantee. That's good though isn't it?

Maybe not. Getting a loan guarantee in exchange for a vote does not mean a nuke plant will get built. The permitting time for a new nuke plant can be as much as 15 years. Lot's can happen during that time to kill the plant construction. So you see, this is just a political shell game that republicans better not fall for.

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