Nuclear Storage Seen Generating A$100 Billion for Australia

  • Commission says waste site in South Australia an economic boon
  • Revenue would be generated over 120 years, commission finds
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A nuclear waste disposal site in South Australia could generate more than A$100 billion ($74 billion) in income over 120 years and the state government should pursue such an economic opportunity, a royal commission said in a report Monday.

The state can safely increase its activities in the sector, although it will need to build public support to proceed, said the Nuclear Fuel Cycle Royal Commission.