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Take web page from Alaska playbook

by Index Investing News
September 1, 2024
in Opinion
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Sunday, Sept. 1, 2024 | 2 a.m.

Yucca Mountain is as soon as once more being thought of as a possible nuclear waste repository. Whereas the thought of utilizing Nevada as a dumping floor for the nation’s nuclear waste has lengthy been unpopular with residents, maybe it’s time to contemplate charging the nuclear business lease for utilizing our state as a everlasting disposal web site. That lease could possibly be distributed amongst Nevadans every year?

There’s a precedent for this. When Massive Oil sought the approval of Alaskans for the Trans-Alaska Pipeline System, the residents established the Alaska Everlasting Fund. This fund was designed to make sure that the state’s nonrenewable assets would profit each present and future generations. The Alaska Legislature created the Alaska Everlasting Fund Company to handle the fund, and Alaska residents who’ve lived there for not less than 12 months have been receiving annual checks ever since.

Implementing an identical mannequin in Nevada could possibly be a sport changer, encouraging extra nuclear energy era whereas additionally offering tangible advantages to the individuals of our state.

 





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