Douglas administration rips Entergy reorganization plan

Three weeks after Gov. Jim Douglas vetoed legislation seeking guarantees behind the Vermont Yankee decommissioning fund, his administration is raising its own questions about the financial stability of a proposed new owner for the nuclear plant.

Critics accuse Douglas of double standard on energy projects

When Vermont Yankee’s license expires, the company won’t have enough money in a special fund to dismantle the plant. But the state has required wind energy companies to pay up front the full cost of decommissioning their projects. Wind advocates are saying there’s a double standard here.

Douglas vetoes Vermont Yankee decommissioning bill

Governor Jim Douglas has vetoed a bill that would have required Vermont Yankee to guarantee there’s enough money to dismantle the nuclear plant when it shuts down. Douglas said the legislation would have forced Yankee to charge more for electricity. But Democrats pounced on the veto, and accused the governor of protecting Yankee’s out-of-state owners.

Vermont Yankee Decommissioning Fund

The House has given final approval to a bill that says the owners of Vermont Yankee would have to make sure there’s enough money available to cover the full cost of dismantling the plant when it eventually ceases operation. Also in the program, VPR’s John Dillon joins Bob Kinzel to analyze the top stories at the Statehouse, and we listen back to the some of the voices in the news this week.

Douglas warns Yankee bill could cause increase in rates

Governor Jim Douglas says Vermonters could pay higher electric rates because of a bill that requires Vermont Yankee to show it has enough money to decommission the plant. The decommissioning bill won final approval on Thursday in the House. It will soon head to the governor for his signature – or his veto.