What is the government subsidy on ethanol?
Fifty-two cents a gallon. Where does nuclear power industry fit in the Bush administration’s energy strategy? It’s part of our theme. We need everything. We need clean coal. We need more traditional sources. We need greater use of wind. Solar. Biomass. And we believe that nuclear has to be a critical piece as well. Twenty percent of America’s electricity today is generated by nuclear power. And I think maybe 15-17 percent of California’s electricity consumption is from nuclear plants. Those plants were built in the ’60s, ’70s, ’80s. And they have lives of 40 to 60 years. So, if we do nothing else, those plants are going to disappear. And how are we going to replace 20 percent of our electricity sector if we don’t stay in the nuclear business? We believe we should grow it. And we should grow it not just here but around the world. But we haven’t built a nuclear power plant in about 30 years. The last plant that was ordered and built and ultimately operated was ordered in 1973. The last o
