Vt. Yankee debate gets personal at Statehouse
April 23, 2008
By Louis Porter
By Louis Porter
Vermont Press Bureau
"Supporters of the bill, however, want more assurance that if there is not enough in the decommissioning fund, Entergy – the company that now owns the plant – will be on the hook for decommissioning costs…….and …. worry the new company will not have the financial strength that Entergy does. "I have no confidence this brand new corporation is going to be here in 50 years.", said Rep. Tony Klein, D-East Montpelier."
MONTPELIER – Tempers wore thin at the Statehouse Tuesday during a discussion about how much money must be set aside for decommissioning the Vermont Yankee Nuclear Plant when it stops making power.
A group of business leaders from across Vermont joined together at the Statehouse to ask lawmakers not to pass a decommissioning bill that has been approved by the Senate and will likely come to the floor of the House by the end of the week.
That measure would require that before ownership of the plant could be transferred – proposed as part of a corporate restructuring – the full cost of decommissioning would have to be set aside in a special fund or in other financial guarantees.
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