Green Options » Sen. Harry Reid http://greenoptions.com/tag/sen-harry-reid Posts tagged 'Sen. Harry Reid' Wed, 20 Feb 2008 09:50:51 +0000 http://wordpress.org/?v=2.5.1 en The Lindberg Report Podcast: Yucca Mountain Failure a Windfall for Nuclear Utilities http://planetsave.com/blog/2008/02/20/opinion-yucca-mountain-failure-a-windfall-for-nuclear-utilities/ http://planetsave.com/blog/2008/02/20/opinion-yucca-mountain-failure-a-windfall-for-nuclear-utilities/#comments Wed, 20 Feb 2008 09:50:51 +0000 Max Lindberg http://planetsave.com/blog/2008/02/20/opinion-yucca-mountain-failure-a-windfall-for-nuclear-utilities/ yuccamountain.jpgI was reading some recent headlines about Yucca Mountain, claiming the federal government will face heavy penalties and judgments if the project isn’t finished. Read beyond the headlines my friends, “we” fund the government, the money comes from our pockets, and it isn’t chicken feed.

The latest estimates are, that if Yucca Mountain isn’t finished until 2017, “we” will owe the utilities an estimated $7 billion in penalties, provided by law, because the repository isn’t finished. Bump completion time up another 3 years, and the bill goes up to about $11 billion.

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