Nuclear Man

No more nuke subsidies:

For decades, governments have offered taxpayer subsidies to support existing energy sources or to develop new ones, as well as create new jobs. These subsidies have often taken the form of loan guarantees, direct payments or tax breaks. Once subsidies began to be made available, they became attractive to a number of industries. The Big Beautiful Bill passed by the House of Representatives reduced or cut subsidies for wind and solar companies, while leaving nuclear subsidies intact. Sen. Rand Paul must lead the charge to halt this corporate welfare. According to a 2024 study from the Texas Public Policy Foundation (TPPF), the Energy Information Agency (EIA) used to calculate energy subsidies every three year. The TPPF report found totals for every year. The study found that from 2010 to 2023, solar received $76 billion, wind received $65 billion, oil and gas received $ 33 billion, coal received $20 billion, and nuclear received $26 billion in taxpayer subsidies. According to the comprehensive study, since wind, solar, hydroelectric, geothermal, and nuclear are used for generating electricity, it compares subsidies within electricity markets. Nuclear has received a similar number of subsidies compared to wind and solar energy. In the last month, Constellation Energy announced a deal with Microsoft to reopen Three Mile Island to service all of Microsoft’s Artificial Intelligence energy needs. Not only would this be the first time that an American nuclear power plant would be reactivated, but it would also come with a hefty price tag. Constellation Energy is seeking a $1.6 billion loan guarantee from the U.S. Department of Energy, all time making money hand over fist from the rate paying public. But they still have millions to hand out to Woke organizations pushing all sorts of social silliness.

No one deserves a taxpayer-funded ride...