04/19/2010 05:12 am ET Updated May 25, 2011

Southern Company, Obama's First Nuclear Beneficiary, Has Serious Safety Concerns

In its eagerness to woo Republicans with nuclear-friendly policies, the Obama administration plans to hand out $54.5 billion in government-backed loans to kick-start a nuclear renaissance. On Tuesday, it announced the first beneficiary of this largesse--and apparently the best candidate it could find was a proposed plant that's been put on hold by federal regulators due to serious safety concerns.

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