Risk and Responsibility Sharing in Nuclear Spent Fuel Management
Name
2010-007.pdf
Size
256.86 KB
Format
Adobe PDF
Checksum (MD5)
4c348bf04c1dc7e70ba26f7a8f2257ab
Author(s)
De Roo, Guillaume
Date Issued
June 2010
Publisher
MIT Center for Energy and Environmental Policy Research
Series/Report no.
MIT-CEEPR (Series);;2010-007
Abstract
With the Nuclear Waste Policy Act of 1982, the responsibility of American utilities in the long-term management of spent nuclear fuel was limited to the payment of a fee. This narrow involvement did not result in faster or safer development of a solution for commercial nuclear waste. In most other countries, the financial liability and practical involvement of utilities appear more extensive. This paper highlights how such differences in institutional frameworks affect risk sharing and economic incentives. It argues that a greater allocation of risk and responsibility to the utilities should reenter the debate over nuclear waste in the US.
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