ATOMIC ENERGY: Power Compromise

The AEC and Congress have long been at odds over how far and how fast the Government should go in pushing atomic power. The AEC felt that the U.S. should go slow, wait for private enterprise to take the initiative in building commercial plants. Many Congressmen felt that the Government had to take the lead, offer fat subsidies to get large-scale commercial atomic power going now. Last week a special committee of businessmen and engineers appointed by new AEC Chairman John A. McCone to advise him suggested a solution. The Government would pay a major part of the costs...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!