Entergy threatens to simply walk away from VY decommissioning after 60 years!

Entergy Nuclear is infamous for its arrogance. Now, reports the Associated Press, the country's second biggest nuclear utility, with one less than a dirty dozen atomic reactors in its fleet (Vermont Yankee -- VY -- was forced into permanent shutdown on Dec. 29th under intense public pressure), is threatening the State of Vermont to simply walk away from the radioactively contaminated site after 60 years, if the decommissioning is not yet completed.

The threat was made by Entergy Vice President Michael Twomey, to State of Vermont legislative committees. Under the Orwellian policy "SAFSTOR," the U.S. Nuclear Regulatory Commission (NRC) allows nuclear utilities to simply sit on permanently shutdown reactors, without doing radiological clean up or facility dismantlement.

Entergy only has about $666 million in the VY decommissioning fund -- only about half what is projected to be needed. The agreement to not require Entergy to put a single penny into the decommissioning fund, from when it took over VY in 2002 till now, was approved by Gov. Howard Dean's (D-VT) administration, well over a decade ago.

Entergy's plan is to keep the $666 million invested in the stock market, so its value can grow to the needed $1.25 billion. What happens if the money is lost in another stock market crash, Entergy is not saying. More.