The bill passed Tuesday evening 11-0. The full Vermont House plans to pass the bill soon and then it moves to the Senate, where lawmakers are also pledging quick action because for legislative leaders this bill is a priority. See WCAX for the whole story:
http://www.wcax.com/Global/sto...
"It is 100 percent the primary issue to protect Vermonters from having to pay the cost," said Rep. Tony Klein, D-East Montpelier.
"You have a promise to green field with not one penny in an account to accomplish that point. We now know that the waste is going to be stored there for decades if not 100 years and there is not one penny set aside to manage that waste, so that's why we need to do this bill," Klein said.
The decommissioning bill assures Vermonters that the corporate parent, whatever firm that may be, Entergy or if sold another firm, has enough money to decommission to NRC standards and also enough money to meet Vermont's more rigid greenfield requirements. This requires that the parent company post a guarantee covering decommissioning to a greenfield standard of Entergy's current estimate of $40 million. I personally believe this estimate is too low; discussion follows.
Fairewinds Associates testified on Friday April 5 to the House Natural Resources and Energy Committee regarding the discrepancy on decommissioning costs as projected by TLG Services, now a wholly owned subsidiary of Entergy. See report entitled Fairewinds Cost Comparison TLG Decommissioning http://www.leg.state.vt.us/JFO... |