(Vernon, VT) — At long last, thereâ€™s an agreement between the state and Vermont Yankee regarding how to close the nuclear power plant. The plan announced Monday has owners Entergy paying ten-million dollars in economic development for the area, five-million to the state plus setting aside another 25-million to pay for site restoration. As for the stateâ€™s part, it promises not to fight Entergyâ€™s continued operation through next year, and to start decommissioning as soon as thereâ€™s enough money to do so. Mondayâ€™s agreement also dismisses all pending federal litigation between Vermont and Entergy.
Agreement On Vermont Yankee Shutdown