Mar. 9th, 2009

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"Dim" is the right word. What's funny is that the cost to the government will be only a fraction of what the industry pays them to get the waste handled. And that would be the case even if Yucca went into operation. This cockamamie state subsidy will not go unpunished of course as the lawsuits mount.

Future Dim for Nuclear Waste Repository - NY Times - 05 Mar 09

"Lawyers are predicting tens of billions of dollars in damage suits from utilities that must pay to store their wastes instead of having the government bury them, with the figure rising by about a half-billion dollars for each year of additional delay.

The courts have already awarded the companies about $1 billion, because the government signed contracts obligating it to begin taking the waste in 1998, but seems unlikely to do so for years. The nuclear industry says it may demand the return of the $22 billion that it has paid to the Energy Department to establish a repository, but that the government has not yet spent."


Yucca Mountain Price Tag: $90 Billion - Las Vegas Sun - 15 Jul 08

"The new price tag for building and operating Yucca Mountain is estimated to be $90 billion, the Energy Department said today, providing the first real snapshot of lifespan costs after Congress has repeatedly pleaded for an updated financial picture. The estimate is $19 billion higher than previous rough estimates provided last year for the nation's nuclear waste dump about a 1 1/2-hour drive outside of Las Vegas.

Energy Department project director Edward Sproat said the higher costs come from inflationary adjustments to today's dollars, design changes and increases in the amount of waste and time it takes to entomb it. The repository would be open for 100 years."
webfarmer: (Default)
"Dim" is the right word. What's funny is that the cost to the government will be only a fraction of what the industry pays them to get the waste handled. And that would be the case even if Yucca went into operation. This cockamamie state subsidy will not go unpunished of course as the lawsuits mount.

Future Dim for Nuclear Waste Repository - NY Times - 05 Mar 09

"Lawyers are predicting tens of billions of dollars in damage suits from utilities that must pay to store their wastes instead of having the government bury them, with the figure rising by about a half-billion dollars for each year of additional delay.

The courts have already awarded the companies about $1 billion, because the government signed contracts obligating it to begin taking the waste in 1998, but seems unlikely to do so for years. The nuclear industry says it may demand the return of the $22 billion that it has paid to the Energy Department to establish a repository, but that the government has not yet spent."


Yucca Mountain Price Tag: $90 Billion - Las Vegas Sun - 15 Jul 08

"The new price tag for building and operating Yucca Mountain is estimated to be $90 billion, the Energy Department said today, providing the first real snapshot of lifespan costs after Congress has repeatedly pleaded for an updated financial picture. The estimate is $19 billion higher than previous rough estimates provided last year for the nation's nuclear waste dump about a 1 1/2-hour drive outside of Las Vegas.

Energy Department project director Edward Sproat said the higher costs come from inflationary adjustments to today's dollars, design changes and increases in the amount of waste and time it takes to entomb it. The repository would be open for 100 years."
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Ten minutes of concentrated energy info. Video.

Dr. Steven Chu at the National Clean Energy Summit - University of Nevada Las Vegas - August 18-19, 2008
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Ten minutes of concentrated energy info. Video.

Dr. Steven Chu at the National Clean Energy Summit - University of Nevada Las Vegas - August 18-19, 2008

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