Science, Technology, Linux, Earthquakes, Education, Geology, Nuclear. My retirement blog. I was a geophysics engineer with a big utility, doing earthquakes for Ontario.
Thursday, October 4, 2007
Nuclear plants for free! (almost)
Complaining that private financing couldn't raise a plug nickel for a nuclear plant, they got 80% loan guarantees. This basically means they don't have to pay anything back, if they don't feel like it. Combine a nuclear plant with a stupid ethanol plant, and raise corn on the property, you make money before the first kilowatt!