Tuesday, December 1, 2009

Former Senator Pete Domenici Talks Nuclear at National Press Club

Former Sen. Pete Domenici (R- New Mexico) today gave reporters and other industry insiders his latest thoughts about the nuclear renaissance at a National Press Club event sponsored by the United States Energy Association and the Bipartisan Policy Center. We attended the event and the themes in his speech were reminiscent of his 36 years in office where he became a staunch supporter of nuclear power.

“We can continue to pursue a long-outdated policy and try to avoid real participation in the new global nuclear reality. Or we can seize the opportunity to act now,” said Domenici. (Click here for a full transcript of his speech)

Especially interesting was his position that the Obama administration is pro-nuclear. He noted the administration has hired several high-profile pro-nuclear executives at the U.S. Department of Energy.

Domenici also discussed the recent resurgence of natural gas as the fuel of choice for energy generation. He said that natural gas is a good bridge to the future, but most utilities understand that nuclear energy is a better long-term investment.

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