Pete Domenici: “I am grateful that so broad a coalition of interest groups has been willing to send letters supporting the nuclear loan…”

“I am grateful that so broad a coalition of interest groups has been willing to send letters supporting the nuclear loan guarantee provisions in the Energy bill. I do not intend today to go into detail analyzing the relevance and significance of these loan guarantees and what I see as the fallacious nature of the arguments against them but merely to state the broad support at this point for the proposal. No one is surprised that provisions in this bill are strongly supported by the utilities and groups such as the Nuclear Energy Institute, but today on my desk I found letters from unions, academics, and broad groups from industry. To some extent, that was a surprise.”