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Key Funding Requirement Ensuring Safety of Nuclear Power Facilities Not Being Watched Closely Enough, GAO Says

by KEN BLACK

WASHINGTON, May 12 -- The federal government has not done an adequate job of maintaining oversight over a key funding mechanism designed to help keep nuclear power plants safe after they shut down, the Government Accountability Office revealed.

In a report titled, "Nuclear Regulation: NRC's Oversight of Nuclear Power Reactors' Decommissioning Funds Could Be Further Strengthened" (Report No. GAO-12-258) the GAO said that owners of reactors, generally utility companies, have been re . . .

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