ArtikBanana@lemmy.dbzer0.com to Technology@lemmy.worldEnglish · 2 months agoThree Mile Island owner seeks $1.6 billion federal loan to restart nuclear plant for Microsoft AI facilitywww.phillyvoice.comexternal-linkmessage-square54fedilinkarrow-up1317arrow-down13
arrow-up1314arrow-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 · 2 months agomessage-square54fedilink
minus-squarepeopleproblems@lemmy.worldlinkfedilinkEnglisharrow-up132·2 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-up26arrow-down1·2 months agoIt’s a taxpayer loan, so they pay it back, right?
minus-squareCrashumbc@lemmy.worldlinkfedilinkEnglisharrow-up14·2 months agoUntil the loan is forgiven a few later…
minus-squareSendMePhotos@lemmy.worldlinkfedilinkEnglisharrow-up16·2 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-up2·2 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?