Surprise, surprise. Microsoft wants to shift the risk for reopening Three Mile Island onto taxpayers.
The Department of Energy is weighing a $1.6 billion loan guarantee for a plan to reopen the Three Mile Island nuclear plant with Microsoft as its sole customer.
And don’t forget the ratepayers, will likely be saddled w these enormous costs with or without a loan default, despite claims to the contrary.
Socialism! Wait, wait, I've been handed a note ... um ... "this is actually just good business practice." We regret the error.
Yet another business plan that is fundamentally a non-starter, but everyone involved will pretend that it’s fine & good and expect us to throw society’s resources at it to appease the further privatization of said resources.
This is how plutocracies work.