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Share price before safety at Indian Point nuclear reactor

reactor-Indian-PointEntergy says no to NY plan for nuclear waste storage http://www.cnycentral.com/news/story.aspx?id=893794#.UYhtw6JwpLs by Laura Hand  05.05.2013 Stockholders give overwhelming no vote

Entergy’s Fitzpatrick and Indian Point nuclear plants are at the center of a proposed change for nuclear waste storage
 A proposal by NY’s comptroller to change storage of nuclear waste has gotten an overwhelming no vote from Entergy shareholders. The plan would have affected both the Fitzpatrick Plant in New Haven, and downstate’s Indian Point.

Comptroller Thomas DiNapoli, speaking as trustee of the state’s pension fund, which has about $49million worth of Entergy stock, suggested cutting back on spent fuel pools, and instead storing the waste in dry-casks.  DiNapoli says putting spent, cooled nuclear fuel in steel containers surrounded by inert gas is safer.

Entergy’s board said the proposal would limit company flexibility, and shareholders apparently agree.  A preliminary count shows only 5% approve the change.

May 11, 2013 - Posted by | safety, USA

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