Obama Announces Loan Guarantees for First Nuclear Plant in 30 Years

There has not been a new nuclear power plant built in the US since Ronald Reagan was in office, but it looks as though that's about to change. President Obama today announced more than $8 billion in federal loan guarantees for building two nuclear reactors in Georgia, which he says will help meet the need for more clean energy while generating new jobs. Ben Geman writes the Environment and Energy blog for The Hill.