Saturday, July 19, 2008

Total nuke dump cost to top $90 billion

Turns out, it's going to cost taxpayers $32 billion more than first thought to open and operate the nation's first nuclear waste dump.

The Bush administration's latest calculation - made public Tuesday - is that the facility will cost over $90 billion. It's the first official estimate since 2001, when the figure was $58 billion.

Ward Sproat, the Energy Department official in charge of managing the controversial Yucca Mountain repository project in Nevada, disclosed the new number to reporters after a congressional hearing Tuesday.

The estimate includes $9 billion already spent and covers about 100 years of operation until the dump, 90 miles northwest of Las Vegas, is sealed up forever.

The Seattle Times

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