John Myers: “Mr. Chairman, I think all of us understand the issue here. The taxpayers of our country have invested about $300 million…”

“Mr. Chairman, I think all of us understand the issue here. The taxpayers of our country have invested about $300 million in the technology of the light water advanced reactor. It is true that we are not building reactors for our own consumption in this country. I think that is a sad commentary on our industry. I do not think it is because our American industry would not like to, but we have built too many impediments, through the Nuclear Regulatory Commission and others, discouraging now a CEO from buying a nuclear reactor. But the rest of the world is willing to buy. They are buying and they are building. They are advancing their light water reactors. They have a boiling water reactor in Japan. They are advancing. They are moving forward. We can be part of the sales or we can sit back and let everyone else in the world. The gentleman from Pennsylvania, [Mr. Klink] made a very, I think, compelling reason why if we have got $300 million already invested, the utilities and the heavy companies that are producing, like General Electric and Westinghouse, have more than $500 million invested, for another $17 million this year, to show not only that maybe the money is not near as significant but to indicate that America is standing behind its own industry.”