German Government Considers Nuclear Industry’s Fund Proposal
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Germany’s government may drop a plan to tax nuclear fuels and instead accept an industry proposal to receive revenue from a fund, financed by nuclear power-plant operators, in exchange for extending reactors’ operating lives.
The government is considering alternative ways of collecting 2.3 billion euros ($2.9 billion) a year from nuclear- energy producers while also promoting renewable energy sources by diverting some of the profit utilities make by letting their nuclear reactors run longer.