more_reports

Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

Bush to Discuss Nuclear Energy in State of Union

Share on Stocktwits

Source:

President George W. Bush plans to promote nuclear energy as a way of reducing U.S. oil dependence when he delivers his State of the Union address next week, the White House said on Friday, according to a recent Reuters report

President George W. Bush plans to promote nuclear energy as a way of reducing U.S. oil dependence when he delivers his State of the Union address next week, the White House said on Friday, according to a recent Reuters report.

"We've been talking with a number of countries about how to move forward on expanding nuclear energy to meet our global energy needs," White House spokesman Scott McClellan told reporters.

"It's an energy source that is clean, it helps us address economic and -- it helps us address our energy and national security need," he said. "The president is very focused on this matter and has talked about it previously."

Asked if Bush would bring this up in the State of the Union address on Tuesday night, McClellan said, "Yes."

Reports in the Washington Post and Wall Street Journal have said the Bush administration is considering proposals to expand civilian nuclear energy and are looking at initiatives to reprocess spent nuclear fuel.

Get Our Streetwise Reports' Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe