A House Energy and Commerce subcommittee is scheduled to mark up legislation this morning that would phase out the Department of Energy’s loan guarantee program, and some lawmakers may introduce provisions aimed at USEC’s application for such a loan guarantee. The bill, called the “No More Solyndras Act,” came as the result of the panel’s investigation into a loan guarantee granted to the now-bankrupt solar panel company. The bill adds more oversight to loans granted and would not allow any new guarantees for applications submitted after the end of 2011.
However, the legislation could also impact USEC’s hopes for a $2 billion loan guarantee for the American Centrifuge Project, which it has been pursuing since 2009. Potential amendments under consideration could include language restricting loans based on low credit ratings, annual losses and delisting from major stock exchanges, all issues that have threatened USEC’s project. The Energy and Power Subcommittee markup is set to begin at 10 a.m.
NEW: Via public records request, I’ve been able to confirm reporting today that a warrant has been issued for DOE deputy asst. secretary of spent fuel and waste disposition Sam Brinton for another luggage theft, this time at Las Vegas’s Harry Reid airport. (cc: @EMPublications)
DOE spent fuel lead Brinton accused of second luggage theft.
by @BenjaminSWeiss, confirming today's reports with warrant from Las Vegas Metro PD.
Waste has been Emplaced! 🚮
We have finally begun emplacing defense-related transuranic (TRU) waste in Panel 8 of #WIPP.
Read more about the waste emplacement here: https://wipp.energy.gov/wipp_news_20221123-2.asp
Editorial: Sam Brinton’s credibility is now an issue 🔓