Entergy Nuclear Vermont Yankee is counting on YOU

… to help bear the expense of cleaning things up once the plant is at last permitted to enter its delayed retirement.

TimesArgus.com reports an AP story by Dave Gram [http://www.timesargus.com/article/20081119/NEWS02/811190355/1003/NEWS02] :

Vermont Yankee decommissioning fund suffers large loss

November 19, 2008

A sign warns of radioactivity inside the Vermont Yankee nuclear power plant. State officials note the fund that holds money for decommissioning the plant has taken another big hit.

A sign warns of radioactivity inside the Vermont Yankee nuclear power plant. State officials note the fund that holds money for decommissioning the plant has taken another big hit.

MONTPELIER — The fund set aside to pay for dismantling the Vermont Yankee nuclear plant when it shuts down was already about $400 million short of what would be needed to do the job, according to an estimate by a subsidiary of the plant’s owner.

Then it lost nearly $76 million more amid the turmoil in the financial markets during the past 13 months, with more than $33 million of that loss coming last month, according to the state Department of Public Service.

The health of the decommissioning fund — money set aside to haul away the plant’s radioactive components when it is retired — has been a hot issue this year. Gov. Jim Douglas vetoed a bill passed by the Legislature calling on Vermont Yankee owner Entergy Nuclear to shore up the fund, amid complaints from lawmakers that

Vermonters might end up stuck with the bill

.

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