How much money is in the nuclear waste Fund?

Accounting for expenses to date, federal contributions for defense nuclear waste, and interest earned, $45 billion remains in the fund. Each year, more than $1.5 billion in interest is added to this principle balance.

What is the nuclear waste Fund and where does the money come from?

The DOE piggy bank, dubbed the Nuclear Waste Fund, is invested in securities and earmarked for permanent disposal of spent fuel generated by commercial reactors such as San Onofre and Diablo Canyon. The fund’s most recent audit shows its value actually is down from 2016’s $46 billion.

What does the Nuclear Waste Policy Act of 1982 accomplish?

An act to provide for the development of repositories for the disposal of high-level radioactive waste and spent nuclear fuel, to establish a program of research, development, and demonstration regarding the disposal of high-level radioactive waste and spent nuclear fuel, and for other purposes.

Who is in charge of nuclear waste in USA?

The Nuclear Regulatory Commission (NRC)
The Nuclear Regulatory Commission (NRC) has regulatory authority over storage and disposal of all commercially-generated nuclear wastes in the United States, as well as disposal of spent fuel and high-level wastes generated by the Department of Energy.

Who enforces the Nuclear Waste Policy Act?

42 U.S.C. The NWPA assigns the Department of Energy (DOE)Exit Exit EPA website the responsibility to site, build, and operate a deep geologic repository for the disposal of high-level waste and spent nuclear fuel.

Who is in charge of America’s nuclear waste?

The Nuclear Regulatory Commission (NRC) has regulatory authority over storage and disposal of all commercially-generated nuclear wastes in the United States, as well as disposal of spent fuel and high-level wastes generated by the Department of Energy.