Nukes Need Money

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The nuclear energy industry is one group in a good position to take advantage of the changing of the guard. And one of its biggest guns--former New Jersey Gov. and Environmental Protection Agency Administrator Christine Todd Whitman--is drumming up publicity for what might be a nuclear renaissance in the U.S. within the next few years.

It's late summer in Washington at the tail end of a lame duck presidency. And that means one thing for Beltway insiders: open season for lobbying.

The nuclear energy industry is one group in a good position to take advantage of the changing of the guard. And one of its biggest guns--former New Jersey Gov. and Environmental Protection Agency Administrator Christine Todd Whitman--is drumming up publicity for what might be a nuclear renaissance in the U.S. within the next few years.

"Right now the only base form of power that we have that doesn't emit any greenhouse gases or other pollutants while producing power is nuclear," she said in a recent interview with Forbes.com. She says the U.S will need 25 to 27 new reactors by 2030 if nuclear power is to continue to produce 20% of the nation's electricity, the current level.

Whitman's got a vested interest in seeing the U.S. nuclear industry bloom. She spoke to Forbes.com in her role as co-chair of the Clean and Safe Energy Coalition, a pro-nuclear group whose very broad membership includes nuclear power heavyweights like Exelon, AREVA and Southern Co.. It's funded by the Nuclear Energy Institute (NEI), an industry organization...

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