( – promoted by Sue Prent)
An interesting article in my email from VT Biz Magazine, reprinting an article from VT Digger. It seems that Entergy doesn’t pay property tax, and only pays taxes on the power it generates. So if it isn’t generating power…
…the state will take a budget hit of $11.5 million to $12.5 million a year.
So Jeb Spaulding, Janet Ancel and Tim Ashe are putting their minds to what can be done about it.
However the first part of that sentence gets it very wrong:
In addition to the loss of more than 600 jobs and the many economic benefits the plant brings to the Windham County region…
Those 600 jobs aren’t going to end the minute VY stops generating power. As I like to say, we’ve known that this plant was going to close for the last 40 years, it’s not like this is a big surprise.
I would have thought that Andrew Stein would know that and not sound like a shill for Entergy.
the fact that a large portion of those jobs are held by non-Vermont residents.
that have concealed the true cost of nuclear energy.
Japan’s budget took a $500,000,000,000 USD (Half a trillion $) cleanup hit because Fukushima chose NOT to shutdown. Pay me now or pay me later? What part of Fukushima don’t they understand???
Vermonters pay about $250 million annually in credit card interest. Create a Vermont State Credit Card. If we get even half of that exported capital we’re in clover.
And get that damned waste into dry cask storage.