May 2012 ECA Bulletin
Published: Fri, 06/01/12
The May 2012 ECA Bulletin is available here.
Also, see the breaking press release, "Court Decision in Nuclear-Waste Fee Case an 'Important Victory:' NARUC" at the bottom of this message.
May 2012 Bulletin Stories Include:
Court Decision in Nuclear-Waste Fee Case an 'Important Victory:' NARUC
NARUC Press Release June 1, 2012 "Today's decision by the court is an important victory for nuclear-power consumers. The court made clear that the Energy Department has not justified continued payments into the Nuclear Waste Fund. Although the court did not suspend these payments, the Energy Department is on notice that they must do a thorough and complete assessment within six months as to whether the fees--charged to nuclear utilities and passed through to their consumers--are necessary. If the Department does not, the court stated that they have the authority to suspend the payments into the Fund. Nuclear-power utilities and their consumers have paid more than $30 billion into the Nuclear Waste Fund for nearly 30 years. To date they have nothing to show for their investment except political delays, bureaucratic red tape, and a hole in the Nevada desert. Today's decision will force the Energy Department to do its job and prove why it should continue fees for a nuclear-waste program that it says no longer exists. We believe the evidence demonstrates that until and unless a new nuclear-waste policy is developed, consumers should be given a break." --NARUC President David Wright of South Carolina
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