Freeze Ordered on Nuclear Plant Licenses

The Nuclear Regulatory Commission (NRC) issued a federal order to freeze licenses for new nuclear power plants and license renewals for existing nuclear power plants. The order will remain in effect until the federal government resolves issues about the permanent disposal of spent nuclear fuel, which may take years to resolve. But the news is not as bad as it may seem.

The NRC's order had made the right decision, which was prompted by three separate events. The root incident was the federal government's decision not to pursue disposal of spent nuclear fuel at Nevada's Yucca Mountain. That decision caused the NRC to suspend licensing of the Yucca Mountain repository....621 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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