Taxpayers subsidize the nuclear power industry by guaranteeing repayment of billions of dollars in loans necessary to construct nuclear power plants.
Liabilities for private industries can be an especially dangerous form of subsidy, because the total cost to taxpayers is not necessarily reflected in the initial price tag. Huge, profitable companies like oil and gas companies do not need taxpayer subsidies, nor should Congress selectively prop up failing private companies by assuming their liabilities.
Explore the Avoid Unnecessary Liabilities Program
On July 2, the Department of Energy (DOE) Loan Programs Office announced a draft loan guarantee solicitation for advanced fossil energy... 
The United States Enrichment Corporation (USEC) recently released its midterm financial report and in addition to troubling financials,... 
Yesterday, TCS joined 12 other diverse organizations in a letter supporting a comprehensive review of the federal biofuels mandate.... 
Last Thursday, Moody’s Investor Service released a new credit report finding that Georgia Power Company’s (subsidiary of The Southern... 
The Department of Energy (DOE) announced last week it would offer an expanded, second solicitation for advanced fossil energy loan... 
TCS published a press release today on another deadline passed by DOE to reach an agreement on loan guarantee terms for Southern Company's Plant Vogtle... 
For years, proponents of bioenergy and biofuels promised that the industry would help reduce U.S. dependence on fossil fuels, decrease... 
For more than 75 years, market-distorting agricultural subsidies have produced numerous unintended consequences that have degraded water... 
The United States Enrichment Corporation (USEC) was established in 1992 as a wholly-owned federal entity until it was privatized in 1998.... 
In February 2010, the Department of Energy (DOE) conditionally offered Southern Company and its partners a total of $8.33 billion in... 
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