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Germany to introduce tax on uranium fuel rods

Merkel rebuffs industry opposition to tax on uranium fuel, Monsters and Critics, Jun 23, 2010, Berlin – Chancellor Angela Merkel on Wednesday rebuffed opposition from German industry to a planned tax on the uranium fuel rods used in nuclear power stations, her spokesman said.  Current legislation requires all the German reactors to cease operation by about 2022………..Chiefs of the country’s four main electricity-generating companies met Merkel for an hour and a half at her office to press for term extensions for their 17 nuclear power reactors.

Merkel announced plans this month for a tax of 1.5 euro cents per kilowatt-hour on nuclear-based electricity. The income of 2.3 billion euros (2.8 billion dollars) annually would help reduce the federal deficit………….. The companies, EnBW, E.ON, RWE and Vattenfall, have said they are are already prepared for an additional levy on the industry to deprive it of any windfall benefit if the nuclear power stations are granted term extensions. This is a policy of the Merkel government…….

Merkel rebuffs industry opposition to tax on uranium fuel – Monsters and Critics

June 24, 2010 - Posted by Christina Macpherson | business and costs, Germany | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin, uranium