From the Financial Times Wednesday:

“President George W. Bush will on Wednesday throw his support behind a worldwide expansion of nuclear power and announce plans for a new generation of oil refineries and natural gas terminals in the US… In addition to increasing capacity, Mr Bush believes nuclear power can also be part of the solution to climate change because it does not produce the greenhouse gases blamed for global warming.”

From President Bush’s speech referred to by the FT,

“I’m looking forward to going to a G8 meeting in July in Great Britain. And there I’m going to work with developed nations, our friends and allies to help developing nations, countries like China and India to develop and deploy clean energy technology… With these technologies, with the expansion of nuclear power, we can relieve stress on the environment and reduce global demand for fossil fuels. That would be good for the world, and that would be good for American consumers, as well.”

Here is what we said a month ago (just in time!), “All of this looks to me like the Bush Administration is working towards some sort of major new initiative or announcement on nuclear power, all but certainly linked to the climate issue. Such an announcement would be responsive to Tony Blair’s calls for the U.S. to become more engaged in the climate issue, and would also raise some difficult issues for Bush’s historical opponents on the climate issue. The upcoming G8 meeting in Scotland in July would be a perfect opportunity to announce such an initiative.”

Now get ready for that debate.