Thursday, June 11, 2009

The Republican energy alternative: clean, efficient nuclear energy and domestic fuel sources

No hidden cap-and-trade energy tax. Decreased reliance on foreign countries. Create (not just "save") American jobs.

The American Energy Act establishes a national goal of licensing 100 new nuclear reactors over the next 20 years. With 31 announced reactor applications already in the pipeline, this goal can be achieved -- and it will revitalize an entire manufacturing sector, creating hundreds of thousands of jobs. The bill also streamlines a cumbersome regulatory process by offering a two-year, fast-track approval program for power-plant applications that employ safe reactor designs already approved by the Nuclear Regulatory Commission.

The American Energy Act allows for exploration in the Arctic National Wildlife Refuge, and for environmentally sound leasing of oil and natural gas fields in the outer continental shelf and on federally owned lands with oil shale in the West. Revenues generated by the leases would fund development of technologies to increase clean, renewable and alternative energy sources such as wind and solar.

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