… 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
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