Monday, February 14, 2011

Nuclear-Power Firms Push Back Against Fees

From the Wall Street Journal:

Buried in the details of President Barack Obama's budget release Monday will be more than $770 million that nuclear-power companies pay each year for a waste-storage site that's years behind schedule.

But this might be the last year the White House can count on that income.

Nuclear-power companies are pressing to suspend the hefty fees they pay into the national nuclear-waste fund. Created by Congress in 1982, this fund was designed to finance the government's storage of radioactive waste. And, until recently, it was to pay for a new waste dump at Yucca Mountain, Nev.

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