The Vermont Senate stayed away from the safety issue as that is NRC territory.
What distressed many people was the costs of decommissioning and major distrust of the ability of the owner, Entergy, to finance shutting the plant down. Entergy has a plan to spin off its nuclear power plants to a debt-laden independent corporation. Unfortunately for Entergy, Verizon has just completed a spin-off of its land lines to Fairpoint Communications. Fairpoint took on heavy debt...and went bankrupt. We see the same thing as possible with the Entergy spin-off, except this time the rate-payers will pick up the costs.
My rural electric cooperative sold its interest in nuclear generation a decade ago and will produce two-thirds of its power from the methane generated from our garbage.
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The Vermont Senate stayed away from the safety issue as that is NRC territory. What distressed many people was the costs of decommissioning and major distrust of the ability of the owner, Entergy, to finance shutting the plant down. Entergy has a plan to spin off its nuclear power plants to a debt-laden independent corporation. Unfortunately for Entergy, Verizon has just completed a spin-off of its land lines to Fairpoint Communications. Fairpoint took on heavy debt...and went bankrupt. We see the same thing as possible with the Entergy spin-off, except this time the rate-payers will pick up the costs. My rural electric cooperative sold its interest in nuclear generation a decade ago and will produce two-thirds of its power from the methane generated from our garbage.