ArtikBanana@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 3 months agoThree Mile Island owner seeks $1.6 billion federal loan to restart nuclear plant for Microsoft AI facilitywww.phillyvoice.comexternal-linkmessage-square47fedilinkarrow-up1316arrow-down13
arrow-up1313arrow-down1external-linkThree Mile Island owner seeks $1.6 billion federal loan to restart nuclear plant for Microsoft AI facilitywww.phillyvoice.comArtikBanana@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 3 months agomessage-square47fedilink
minus-squarepeopleproblems@lemmy.worldlinkfedilinkEnglisharrow-up130·3 months agoNo, see that is explicitly not what I agreed with before. Microsoft buys the plant and Microsoft pays start and maintenance cost. If it will privately benefit Microsoft they can privately fund it.
minus-squareSendMePhotos@lemmy.worldlinkfedilinkEnglisharrow-up25arrow-down1·3 months agoIt’s a taxpayer loan, so they pay it back, right?
minus-squareCrashumbc@lemmy.worldlinkfedilinkEnglisharrow-up14·3 months agoUntil the loan is forgiven a few later…
minus-squareSendMePhotos@lemmy.worldlinkfedilinkEnglisharrow-up16·3 months agoOh so it’s like a PPP loan that Republicans will take out and have forgiven and then complain about student loan debt forgiveness.
minus-squareJarix@lemmy.worldlinkfedilinkEnglisharrow-up2·3 months agoWhat kind of interest is on that loan?
No, see that is explicitly not what I agreed with before.
Microsoft buys the plant and Microsoft pays start and maintenance cost.
If it will privately benefit Microsoft they can privately fund it.
It’s a taxpayer loan, so they pay it back, right?
[Smiling Anakin]
Until the loan is forgiven a few later…
Oh so it’s like a PPP loan that Republicans will take out and have forgiven and then complain about student loan debt forgiveness.
What kind of interest is on that loan?