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News Release | Environment America Research & Policy Center

President Obama’s First Nuclear Loan Guarantee Package is a High Risk Gamble on New Reactors

With an approaching June 18 deadline for Southern Company to decide whether to accept $8.33 billion in federal loan guarantees, Environment America released a new report that exposes  risks to taxpayers, ratepayers and the environment According to The Nuclear Bailout: President Obama’s high risk gamble on new reactors undermines the fight against global warming, these first-ever nuclear loan guarantees to build two more reactors at the Vogtle nuclear site in Georgia are unnecessary and would undermine efforts to solve global warming. 

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Report | Environment America Research & Policy Center

The Nuclear Bailout: President Obama’s high risk gamble on new reactors undermines the fight against global warming

In February 2010, the Obama administration announced that it would help finance two new nuclear reactors at the Vogtle nuclear power station in Georgia, offering an $8.33 billion loan guarantee to Georgia Power (a subsidiary of Southern Company) and two other companies invested in the project. President Obama claimed that the investment was necessary to create clean energy jobs, stimulate our economy to export homegrown technology instead of importing foreign oil, and secure the future of our planet and our civilization by fighting the growing threat of global warming.

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News Release | Environment America Research & Policy Center

Energy Efficient Buildings Would Save American Families Almost $1,300 per Year While Reducing Greenhouse Gas Emissions

American families could save almost $1,300 every year on their energy bills by 2030 if the government invests in the energy efficiency of our buildings today, according to a new report by Environment America. Saving energy in our buildings would also help America’s fight against global warming by reducing projected greenhouse gas emissions from buildings by 37 percent.

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Report | Environment America Research & Policy Center

Building Better: How High-Efficiency Buildings Will Save Money and Reduce Global Warming

America is the largest consumer of energy in the world, and the majority of this energy comes from dirty and dangerous sources like coal, oil, natural gas, and nuclear power. Our continued reliance on these fuels contributes to global warming, undermines our energy independence, and costs American families and businesses more and more money every year.

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Report | Environment America Research & Policy Center

State Leadership and the National Clean Cars Program

America’s dependence on oil threatens our economy and harms our environment. Roughly half of all the oil we use in the United States goes into the gas tanks of our cars and light trucks. The oil we use in our vehicles is also a major contributor to global warming.

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