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Don't throw money away - Las Vegas Sun - 0 views

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    There are many reasons why it was a terrible idea for the federal government to designate Yucca Mountain, 90 miles northwest of Las Vegas, as a potential dumping ground for the nation's high-level nuclear waste. We can now add to that long list a report released Wednesday by the Government Accountability Office showing that it is far less expensive to store the radioactive waste where it is generated than to bury it in Nevada. The GAO, the investigative arm of Congress, estimated it would cost as little as $10 billion to store on site the 70,000 metric tons of waste that has been generated in this country, versus a minimum $27 billion at Yucca Mountain. When factoring in the possibility of even more waste, the difference in cost widens. The findings, prepared for Senate Majority Leader Harry Reid, D-Nev., Sen. John Ensign, R-Nev., and Senate Environmental and Public Works Committee Chairwoman Barbara Boxer, D-Calif., are important because taxpayers would pay 20 percent of the costs of building a permanent dump. Nuclear utility ratepayers would be responsible for the balance.
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    There are many reasons why it was a terrible idea for the federal government to designate Yucca Mountain, 90 miles northwest of Las Vegas, as a potential dumping ground for the nation's high-level nuclear waste. We can now add to that long list a report released Wednesday by the Government Accountability Office showing that it is far less expensive to store the radioactive waste where it is generated than to bury it in Nevada. The GAO, the investigative arm of Congress, estimated it would cost as little as $10 billion to store on site the 70,000 metric tons of waste that has been generated in this country, versus a minimum $27 billion at Yucca Mountain. When factoring in the possibility of even more waste, the difference in cost widens. The findings, prepared for Senate Majority Leader Harry Reid, D-Nev., Sen. John Ensign, R-Nev., and Senate Environmental and Public Works Committee Chairwoman Barbara Boxer, D-Calif., are important because taxpayers would pay 20 percent of the costs of building a permanent dump. Nuclear utility ratepayers would be responsible for the balance.
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