Markey Calls for Scrutiny of Nuclear-Power Loan Guarantees

Congress should examine whether the U.S. nuclear industry pressed lawmakers and the Energy Department to alter loan-guarantee requirements for reactors, Representative Edward Markey said.

“I urge you to commence hearings into the implementation of the nuclear power plant loan-guarantee program,” including an $8.3 billion award to a subsidiary of Atlanta-based Southern Co., Markey said today in a letter to House Energy and Commerce Committee Chairman Fred Upton, a Michigan Republican.