SEC: Proposed nuclear power plant nothing more than a scheme

[IDemo]

by Ty Brennan
KTVB.COM
Posted on December 16, 2010 at 11:50 AM
Updated today at 5:55 PM

BOISE -- Alternate Energy Holdings, Inc., bounced its proposal from Elmore to Owyhee to Payette County trying to get approval and funding for a multi-billion dollar nuclear power plant.

It's a project that's received skepticism and opposition for years.

In 2008, Andrea Shipley with the Snake River Alliance, a nuclear watchdog group, called it a project that will never happen.

“Considering Alternate Energy Holdings moved from Virginia to Idaho, they have nothing to show for it for over a year of work," said Shipley in a 2008 interview with KTVB. "Idahoans were skeptical before and they're skeptical now. The fact of the matter is the guy's gonna swindle a bunch of Idahoans out of a lot of money."

http://www.ktvb.com/news/SEC-charges-Alternate-Energy-with-fraud-112011024.html