Jul 3, 2010

U.S. Nuclear power expansion to send jobs overseas?

CS monitor: A report released Thursday finds that all 18 firms lining up for tens of billions in US-backed loans for new nuclear power plants would use overseas jobs to build most of them."Nuclear power is US-made power only in the same way that a shirt made in China is 'American' because you buy it at a Wal-Mart in this country," said NIRS executive director Michael Mariotte in a teleconference. "If American taxpayers were upset about bailing out US banks and car companies, they should be furious about being put at risk in order to fatten the bottom line of overseas nuclear companies."