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Peter Welch: “The amount of subsidies that the taxpayer has to provide in…”

Featuring: Peter Welch, Democratic | U.S. Senate, Vermont

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Rep. Peter Welch on House GOP's Climate Change Denial

Published | Video Starts at 06:27

I don't. And here's why. There's enormous economic obstacles, aside from the safety issues, aside from the fact that we still don't know what to do with the nuclear waste, The amount of subsidies that the taxpayer has to provide in order to get those [nuclear] plants built, the loan guarantees that have to be provided, and then the so-called standby agreements...is just a monstrous bill. delay in permitting, the expense of that delay is passed on to the taxpayer is just a monstrous bill that makes them economically, I think, unjustifiable. (06:27–06:50)

CLAIM

Asserts that nuclear plants require significant taxpayer subsidies and financial guarantees.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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