Southern CEO Welcomes Possible Revival of Yucca Mountain Nuclear Storage Site
Southern Co.
Southern Co. CEO Tom Fanning is applauding a recent court decision that may revive progress on a national nuclear waste disposal site.
“To me, it is a sensible approach to used fuel management,” said Fanning after a talk last week at the annual meeting of the National Conference of State Legislatures. “If there is a way forward to get that done, I look forward to it. I think that’s sensible.”
More than $15 billion over two decades had been spent on the Yucca Mountain nuclear waste site in Nevada, but the Obama administration halted its development early in his first term.
This month, a D.C. Appeals Court ruled the administration and the Nuclear Regulatory Commission could no longer hold up the project. It cited a 1983 federal law calling on the government to create a national storage site.
Despite the ruling, several congressional leaders, led by Senate Majority Leader Harry Reid of Nevada, say they’re unwilling to fund it any further.
The country’s nuclear waste is currently stored at individual sites, like Southern Company’s Vogtle nuclear plant near Augusta.
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