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Oct 29, 2011

After Calling Energy Subsidies 'Wrong,' Boehner Wants $2 Billion Loan Guarantee For Ohio Nuclear Plant | ThinkProgress

Back in September, as the GOP was getting all riled up over the faux Solyndra scandal, House Speaker John Boehner (R-OH) said that “for the federal government to be out there picking one company over another, one type of energy source over another, I think is wrong.” Evidently, though, his attitude toward energy subsidies does not extend to nuclear plants in his home state of Ohio.

As Bloomberg reported today, despite his professed view on energy subsidies, Boehner is backing a $2 billion loan guarantee for an enriching plant run by USEC Inc., saying that failing to provide the guaranteewould “betray” Ohio’s workers:

House Speaker John Boehner attacked the Obama administration for financing failed solar-panel maker Solyndra LLC, saying government shouldn’t pick winners and losers. That hasn’t stopped him from demanding that the U.S. make a winner of a nuclear-fuel plant in Ohio, his home state.

Boehner is backing a $2 billion Energy Department loan guarantee sought by USEC Inc. (USU) for its American Centrifuge Plant in Piketon, Ohio, aimed at enriching uranium for commercial nuclear reactors. [...]

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