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Agreement On Vermont Yankee Shutdown

Photo: WHMP

Agreement On Vermont Yankee Shutdown

(Vernon, VT) — At long last, there’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 state’s part, it promises not to fight Entergy’s continued operation through next year, and to start decommissioning as soon as there’s enough money to do so. Monday’s agreement also dismisses all pending federal litigation between Vermont and Entergy.

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