Raise waste tax – Salt Lake Tribune
Raise nuclear waste tax
The Salt Lake Tribune Claire Geddes 02/27/2009 06:23: EnergySolutions is so desperate for money that it will turn Utah into the world’s nuclear dumping ground and share a portion of the “profits” with Utah if lawmakers endorse its plan to take Italy’s nuclear waste.What profits? The company’s stock is tanking, its balance sheet is in the red, and its chief executive, Steve Creamer, has a history of failure (remember Syncrete?).Reportedly, Utah’s profits could be $100 million a year for a decade. This gives you some idea of the huge cost of shipping foreign nuclear waste to Utah.The $100 million question is why would any country be willing to spend so much to rid itself of this nuclear waste if it were so safe to store?
If the Legislature truly wants to raise money, it could adequately tax the nuclear waste that is already coming here. This private company has used Utah for far too long, making huge profits off state trust lands that were sold for a small portion of their value.
If EnergySolutions really cared about Utah’s economy, it should just donate to the state the amount it spends on lobbyists and public relations.
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