Also in this playlist...
This transcript is automatically generated
-- Kobe's live on this with a bigger picture does this mean.
A resurgence in nuclear energy in America -- You know bill it actually may and there's been a lot of talk by the Obama administration of interest in pursuing this and they are actually offering President Obama is eight point three billion in federal loan guarantees towards this Georgia project and that's in addition.
To the fourteen billion dollar cost of the two reactors.
This nuclear reactor as you said is the first approval in three decades so it's surely a sign of interest.
In creating greater nuclear power plant capability but let me mention that it's an expansion of the Georgia plant in -- actually looking at the plants and some video we have of -- it's not a new plan altogether.
But in the plus column the reactor is manufactured by Westinghouse.
And this expansion alone will support they say an estimated 35000.
The NRC's process.
Has been awful.
It has been -- And it is complete.
It delivers a regime of safety oversight and accountability.
That our community is rightfully.
Safety comes first that is our simple.
This -- policy.
And why is the person from the company talking about the -- a lot of concern about safety but Westinghouse says they have at least when he other.
We actor projects ongoing in this one.
Will be out online in 20162017.
Why have we not seen an approval -- back to late seventies we know the last one that was approved it it was it followed.
Just a year prior to the partial meltdown at Three Mile Island and that's certainly raised a lot of radiation fears that brought orders for nuclear reactors nearly to a complete halt.
Then you have to add to that that continuing safety concerns how much more could we be reminded following.
Japan's Fukushima disaster remember those graphic images that depicted the impact -- nuclear reactor accident -- failure could have.
That actually bill was the sentiment behind the one voting against this go ahead and that was by the NRC's chairman.
Who expressed concern that -- lessons we've learned over these three decades.
Have not brought all the safety regulations and implementation we need to create the cleaner energy.
That the Obama administration wants to -- a secure environment and just to give you some perspective there are 104.
Nuclear power plants in the US they actually provide.
20% of our nation's electricity.
Filter by section