California Nuclear Waste Act (2012)

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A California "Nuclear Waste Act" (11-0008) had been approved for circulation in California as an initiated state statute. To earn a spot on the state's 2012 ballot, sponsors of the initiative needed to collect 504,760 valid signatures by October 20, 2011.

A letter requesting a title and summary for the proposed initiative was signed by Ben Davis, and was received by the Attorney General of California's office on March 30, 2011.

Text of measure

See also: Ballot titles, summaries and fiscal statements for California's 2012 ballot propositions

Ballot title

Nuclear Power. Initiative Statute.[1]

Official summary

Extends statutory preconditions, currently applicable to new operation of any nuclear powerplant, to existing Diablo Canyon and San Onofre operations. Before further electricity production at these plants, requires California Energy Commission to find federal government has approved technology for permanent disposal of high-level nuclear waste. For nuclear powerplants requiring reprocessing of fuel rods, requires Commission to find federal government has approved technology for nuclear fuel rod reprocessing plants. Both findings are subject to Legislature's rejection. Further requires Commission to find on case-by-case basis facilities will be available with adequate capacity to reprocess or store powerplant's fuel rods.[1][2]

Fiscal impact

(This is a summary of the initiative's estimated "fiscal impact on state and local government" prepared by the California Legislative Analyst's Office and the Director of Finance.) {{Quote| Likely major impacts on state and local finances in the form of decreased revenues and increased costs, at least in the billions of dollars annually, due to disruptions in the state's electricity system and electricity price increases. Potential major state costs to compensate utilities for investment losses resulting from the mandated shutdown of their nuclear power plants. Potential avoidance of future state and local government costs and lost revenues resulting from the unlikely event of a major nuclear plant incident.

External links

References

  1. 1.0 1.1 Secretary of State Press Release, Nuclear Power Initiative Enters Circulation, November 18, 2011
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.