Thursday, November 21, 2013

Court Rules Nuclear Plants Do Not Have To Pay $750 million A Year In Fees To The Federal Government

A federal appeals court ruled Tuesday that nuclear power plants no longer have to pay $750 million a year in fees to the federal government to cover the long-term cost of storing their nuclear fuel. The U.S. Court of Appeals in the District of Columbia ruled that it was unfair for the Department of Energy to collect money for waste disposal when the department had no idea how much that might cost.  The court ruled:
"Until the Department (of Energy) comes to some conclusion as to how nuclear wastes are to be deposited permanently, it seems quite unfair to force petitioners to pay fees for a hypothetical option.''
The existing fee is one-tenth of a cent per kilowatt-hour. The Department of Energy said it is reviewing the court's opinion. (Syracuse Post Standard, 11/20/2013)

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