DOE Nuke Fuel Contracts Could Cost Billions, GAO Warns

Law360, New York (September 17, 2012, 7:41 PM EDT) -- Taxpayers could face $19 billion in liabilities by 2020 as the U.S. Department of Energy reneges on contracts with nuclear operators to dispose of thousands of tons of spent fuel accumulating at their plants, the U.S. Government Accountability Office reported Friday.

The DOE is fighting dozens of lawsuits by utilities that had contracted with the agency over the past 20 years to send their spent fuel to the planned Yucca Mountain nuclear waste repository. The project has been beset by delays and legal challenges, and in...
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