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  1. The State of Vermont paid $20 million for the privilege of using the site, plus the cost of a commissioner. That sounds like justification for a tax on VT Yankee.

  2. All of the costs of generating “low-level” waste in Vermont, including compact fees, are paid by the generators in proportion to the volumes generated (VY generates 95+% of VT’s volume). The State is merely the collection agent. See 10 VSA 7067.

  3. This is in addition to the millions of dollars VT has already had to pay to the Feds for a federal nuclear waste depository (i.e. Yucca Mtn.), long since halted (under the Nuclear Waste Policy Act.) These Vermont tax dollars are handed over for the privilege of having a huge radioactive waste generator in Vermont. Nuke energy too cheap to meter? As long as you ignore what’s being taken out of your back pocket while you sleep. Twice.

  4. The cost of used fuel final treatment is collected on a pay-as-you-go basis. It is in the cost of the power sold.

    By law the Federal government is responsible for this function, but it has not removed the used fuel yet. The process has been blocked politically.

    Since the government has not done what it has already been paid to do, plant owners have sued to get the ratepayers money back, and won.

    If Sally wants the used fuel removed from Vermont Yankee, she should go to Nevada and convince Senator Reid to stop blocking Yucca Mountain.

  5. Sally Shaw seems to be suggesting that Vermonters are paying twice for the radioactive waste being shipped to Texas.

    Just to keep the record clear, federal law draws a bright line between spent fuel, which it terms “high-level” waste and everything else, which it designates as “low-level.” The fees Sally mentions paid to the federal government pay for the disposal of spent fuel (generators are assessed 1 mil per kwh. According to the Nuclear Waste Policy Act, spent fuel disposal is a federal responsibility. The fees paid for “low-level” waste disposal are a State responsibility (under the Low-Level Radioactive Waste Policy Act), and under Vermont law, are paid by the generators of the waste. They include not only the compact fees, but also all disposal fees. There are no “Vermont tax dollars” involved in any of either, however.

    That said, nuclear power is heavily subsidized by the federal government, including, but not limited to the Price-Anderson Act’s gift of liability insurance coverage for catastrophic nuclear accidents. So I certainly agree with Sally that nuclear power is anything but “too cheap to meter.”

  6. The bigger question really is why is it that the taxpayers are on the hook for the disposal of the spent fuel?

    The answer is that this was a deal that was struck to help the industry out decades ago. The fact is that the one who makes the mess should be the one responsible for cleaning it up.

    Think of it like the garbage business. The hauler who picks up your garbage, and profits by doing so, has to pay a tipping fee at the landfill when he gets rid of it. The garbage business would be much more profitable if the haulers could get the taxpayers to pay the tipping fee.

    This is, in essence, what the industry did to the taxpayers many years ago and have complained ever since that it’s the taxpayer’s problem to get rid of the spent fuel; not the industry’s.

    This is arguably one of the biggest scams ever perpetrated on the American taxpayer. The industry makes all the money; the taxpayer gets stuck with the disposal fees. Wonderful.

    Toss in the fact that the taxpayer also insures the industry from a catastrophic accident through the Price-Anderson Act, along with a regulatory agency that is bought and paid for by the industry and nuclear power’s a good deal for those in the business.

  7. The taxpayers are not “on the hook” for disposal of spent fuel, and Mr. Stannard’s comment about the garbage business and tipping fees is completely irrelevant to Yucca Mountain.

    Producers and consumers of nuclear electricity have already paid the costs of Yucca Mountain, and the military was scheduled to pay some costs for disposal of naval and weapons material.

    In this case, the facts are terrifically easy to find, through a well-referenced article in Wikipedia, no less! http://en.wikipedia.org/wiki/Yucca_Mountain_nuclear_waste_repository.

    Here’s a Wikipedia quote:

    The cost of the facility is being paid for by a combination of a tax on each kilowatt hour of nuclear power and by the taxpayers for disposal of weapons and naval nuclear waste. Based on the 2001 cost estimate, approximately 73 percent is funded from consumers of nuclear powered electricity and 27 percent by the taxpayers.

    In other words, the producers and consumers of nuclear powered electricity have already paid their part of the Yucca Mountain costs, and the military was to pay a portion of the costs for military waste.

    Actually, nuclear power has paid more than its portion. Another Wikipedia quote:

    With $32 billion received from power companies to fund the project, and $12 billion spent to study and build it, the federal government had $27 billion left, including interest. In March 2012, Senator Lindsey Graham introduced a bill requiring three-fourths of that money to be given back to customers, and the remainder to the companies for storage improvements.[72]

    Stannard has his payment facts completely wrong. Using his “facts,” Mr. Stannard was then able to manufacture his own conclusion: “This is arguably one of the biggest scams ever perpetrated on the American taxpayer.”

    Nope. Not true.

    Look at the facts, first.

    I appreciate that John Greenberg, a nuclear power opponent, gets the facts correct about waste disposal. There can be no rational discourse if people make up their own facts to prove their points. In contrast to that sort of behavior, Greenberg’s comments add to the discussion.

  8. To Ms. Angwin, who funds the military?

  9. http://www.youtube.com/watch?v=XmmjDK70EMk

    Also, Check out this video. Should the Ogallala aquifer become contaminated can we realistically believe that there will be no cost to the taxpayers?

    Ms. Angwin is right when she says that it’s the ratepayers that are on the hook for the cost of disposal as opposed to the taxpayers. I stand corrected. I should’ve said that this is arguably one of the biggest scams ever perpetrated on the American ratepayer.

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