Cost Associated with Waste

Once nuclear waste is generated it immediately begins to rack up financial burden.  Due to the Nuclear Waste Policy Act of 1982, the US government promised to have a permanent waste facility up and accepting deliveries by 1998.  The funding for this project came from a small fee of .1 of a cent per kilowatt-hour of energy produced.  The U.S. government estimates that because it has not held up its end of the deal they own nuclear utilities $7 billion and $500 million every year they don't provide a site (Wald, 2009).  The temporary casks that the spent nuclear fuel is currently being place costs about $1-$2 million dollars a piece (Janberg, 2009) and that doesn't count the process of storing it in the pools for 3-5 years.  The Yucca Mountain site has been in the planning and development stages for over 20 years and has also cost the US government over $38 billion dollars.  At the same time the cost of temporary storage sites can range from $10 to $26 billion if a permanent storage site isn't opened within the next century (Illia, 2010)

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