Illinois utility customers have paid the U.S. government $1.9 billion to store spent nuclear fuel and the state is still sitting on the nation’s biggest pile of atomic waste. Now a court wants the Obama administration to justify collecting more money for storage that doesn’t exist.
The BGOV Barometer shows the location of 69,644 tons of radioactive nuclear waste accumulating at power plants, with more than a tenth of it in Illinois. Duke Energy Corp. (DUK)’s Oconee plant west of Greenville, South Carolina, has the most spent fuel, according to Bloomberg calculations based on data from the Union of Concerned Scientists and the Nuclear Energy Institute.
The U.S. Department of Energy is approaching a Jan. 18 deadline a U.S. Court of Appeals set for it to justify continuing to collect $750 million a year towards a permanent depository when none is being developed. In 30 years, the government has collected more than $30 billion in payments and interest for a waste storage facility, according to the National Association of Regulatory Utility
How was that: Atomic power for a radiating and pollution free future?
Or maybe I quoted something wrong here....