Court Orders DOE To Stop Collecting Fee for Nuclear Waste Disposal

"WASHINGTON — A federal appeals court ruled Tuesday that the Energy Department must stop collecting fees of about $750 million a year that are paid by consumers and intended to fund a program for the disposal of nuclear waste. The reason, the court said, is that there is no such program."

"Congress passed a law that established the fee in the early 1980s, to be paid by customers who use electricity from reactors. But soon after President Obama took office, he made good on a campaign promise and stopped work on the disposal site selected by Congress, Yucca Mountain, about 100 miles from Las Vegas.

The fund so far has spent about $7 billion, mostly on Yucca, and has about $30 billion on hand, including interest income."

Matthew L. Wald reports for the New York Times November 19, 2013.

SEE ALSO:

"Court Orders Government To Stop Collecting Fees for Discontinued Nuclear Waste Dump" (Washington Post)

"Judges Toss DOE's 'Unfair' Fees for Nuclear Waste Disposal" (Greenwire)

"U.S. Court Orders Government To Stop Collecting Nuclear Waste Fees" (Reuters)

Source: NY Times, 11/20/2013