{Tech Fin}

The president of America announced his plan on Tuesday. The president has announced a $8 billion in loan to build the nuclear plant. The nuclear power plant needs three decades to get ready. The president also some common ground with the republicans over the climate legist rations.

Obama also feels that United States need to increase the supply of power. The United States needs to increase the nuclear power so as to increase to meet the countries increasing energy needs. The United States also needs to fight against the climate change and reduce it.

The name of the recipient of the investment was not mentioned in the president’s speech. The loan guarantee of $8.3 has been guaranteed an administration official confirmed. The Southern Co will build two reactors with the loan of $8.3 billion. The Southern Co has its plant in the state of Georgia.