Nuclear Fuel Storage Would Only Raise about $10 Million Per Year
Written by jordanmckamey on September 9, 2019
A proposal to boost state revenue by storing spent nuclear fuel in Wyoming would only raise about $10 million a year.
The Casper Star-Tribune reports a panel of state lawmakers heard about the proposal on Thursday and will consider whether that amount is worth the political battle to make it a reality.
The discussion of the Spent Fuel Rods Subcommittee focused largely on potential environmental and health risks of having a nuclear waste storage facility in the state.
Committee chairman Jim Anderson–a Republican senator from Casper–says if the revenue isn’t there–there won’t be any interest in the plan.
The idea was introduced in July as a way to boost state revenue with the coal industry waning. A similar plan was vetoed by then-Gov. Mike Sullivan in the early 1990s.
In additional energy industry news–the Wyoming legislature’s Management Council voted to create a subcommittee to address the negative effects of bankruptcy filings by coal companies that do business across the state.