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German Atomic Waste Site Search May Cost $2.1 Billion, FTD Says

Nov. 30 (Bloomberg) -- Germany’s search for a permanent nuclear waste storage site may take 18 years and cost about 1.6 billion euros ($2.1 billion), the Financial Times Deutschland reported, citing a government document.

Examining each potential site will cost about 400 million euros, the FTD said, citing a reply from the Environment Ministry to a request from the Green Party. The government may initially scrutinize as many as four sites, the newspaper said.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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