Oil is a diminishing and expensive source of energy, and coal is dirty. Alternative energy sources, including solar and wind power, can only provide 10% to 20% of our energy requirements. President Obama has increased government loan guaranties for new nuclear power plants from $18.5 billion to $54.5 billion, which should give impetus to the nuclear power industry. There are 20 nuclear plants undergoing decommissioning, and we could construct new 2,000 megawatt units at these sites for a reduced investment by using the existing infrastructure.
