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Funding nuclear decommissioning: Lessons for South Africa. Pay more for nuclear: Report 2

Funding nuclear decommissioning: Lessons for South Africa. Pay more for nuclear: Report 2

Thomas, Steve (2014) Funding nuclear decommissioning: Lessons for South Africa. Pay more for nuclear: Report 2. Documentation. Earthlife Africa, Johannesburg, South Africa.

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Abstract

Current policy and practice on funding nuclear power plant decommissioning in South Africa lags far behind international best practice. It risks bequeathing future generations with a hazardous and expensive task that will have to be paid for by future taxpayers. There are three major issues: lack of experience with decommissioning means South Africa’s current cost estimates, which are much lower than other countries with more experience, are no more than educated guesses; conventional accounting methods, which rely on funds earning large amounts of interest, are not appropriate for dealing with very long-term liabilities; and the methods for safeguarding the funds taken from consumers to pay for decommissioning are far too weak.

Item Type: Monograph (Documentation)
Uncontrolled Keywords: nuclear power, decommissioning funding, South Africa
Subjects: H Social Sciences > HJ Public Finance
Faculty / Department / Research Group: Faculty of Business > Public Services International Research Unit (PSIRU)
Faculty of Business
Related URLs:
Last Modified: 14 Oct 2016 09:29
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/12276

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