Vermont Edition interview: State’s economic stability

Bear Stearns sells off at record-low prices, the Fed slashes rates, and yet again there’s talk of a recession. As U.S. economic woes continue to pile up, State Treasurer Jeb Spaulding talks with us about how Vermont fits into this picture, and what the state is doing to protect shared assets. 

Vermont Yankee decommissioning funds insufficient

The Vermont Yankee nuclear plant does not have enough money to dismantle and remove the reactor when its license expires in five years. But Yankee executives and state officials say they’re not concerned. They say the plant can be safely closed and protected for decades, until the there’s enough money to pay for a full decommissioning.