Delay for Price-Anderson

29 June 2001

One of the effects of the Democrats’ return to power in the US Senate (see news update on p13) was the cancellation of a hearing on the renewal of the Price-Anderson Act. The insurance law, which expires in August 2002, allows nuclear companies to remain exempt from unlimited liability for accidents.

The Energy Committee hearing coincided with Senator James Jeffords announcement that he was leaving the Republicans to become an Independent. Energy Secretary Spencer Abraham spoke about the recently announced energy plan, but the hearing was cut short after questions on his testimony.

The 106 reactors participating in the Act will continue to be protected even if the law expired. However, a provision to indemnify Department of Energy contractors would expire if the law were not extended.

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