nuclear-news

Sen Reid Says Obama Won’t Fund Nuclear Storage Site In Nevada

Sen Reid Says Obama Won’t Fund Nuclear Storage Site In Nevada CNN News 15 Jan 09

NEW YORK -(Dow Jones)- Plans for a national repository for spent nuclear fuel could suffer a blow under an Obama Administration, with Senate Majority Leader Harry Reid saying the new president will cut off funding for the proposed facility at Yucca Mountain in Nevada.

Reid, D-Nev., in a video clip posted on his congressional Web site Wednesday, says funding for the project will face a substantial cut in the current federal budget, while receiving “zero or very close to it” in next year’s budget.

“It’s basically all through,” said Reid, a leading opponent of the project in his home state.

His comments come as the nuclear industry awaits details on how President- elect Barack Obama will address the thorny issue of long-term storage of nuclear waste.

Sen Reid Says Obama Won’t Fund Nuclear Storage Site In Nevada

January 16, 2009 - Posted by Christina Macpherson | Uncategorized