Argentine president requests funding for 4th nuclear plant

Argentine President Mauricio Macri has decided to continue pursuing one of the bigger-ticket—and controversial—projects pending from his predecessor, Cristina Kirchner: construction of Argentina’s fourth nuclear power plant. In the 2017 budget he submitted to Congress on Sept. 19, Macri requested US$9 billion in borrowing authority to build Atucha III, an 800-megawatt nuclear power station whose construction was approved in 2009 but has yet to be funded. The budget request marks the first action on atomic power by Macri, who took office on Dec. 10, 2015 and has sent signals since then that Argentina has no plans to put its nuclear capability to military use. In March, Macri headed Argentina’s delegation to the fourth Nuclear Security Summit, an international meeting that... [Log in to read more]

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