"GAO's report confirms my suspicion that NRC's cost estimates are egregiously off target from the actual costs of implementing their regulations," said Vitter. "Nuclear safety is absolutely a priority, and at the same time, we must ensure that the consumers and businesses who bear the brunt of the regulatory burden are protected from unnecessary costs."
Upton said, "Nuclear power is critical to an all-of-the-above strategy needed to meet our energy and environmental goals. To ensure this important clean energy source remains part of our energy mix, we need to be promoting balanced and effective policies that meaningfully enhance safety, and we cannot do that without accurate cost estimates."
In May 2013, Vitter and Upton requested a report from the GAO on the methods and procedures currently being utilized by the Nuclear Regulatory Commission (NRC) to conduct cost analyses when developing and proposing new policies and regulations. Click here to read more.
- GAO report - NRC cost estimates - (2.9 MBs)