The decommissioning of San Onofre should not usher in a San Onofre ratepayer bailout for Southern California Edison (SCE) and San Diego Gas & Electric (SDGE). Will Rogers said, “Steal a million dollars from one person, and you’re a crook, but steal a dollar from a million people and you are a utility.” With the decision to decommission the nuclear reactors at San Onofre, we embark on two hazardous journeys, and both of them involve utility dollars and the public’s money.
First, we will have to determine how and where to dispose of San Onofre’s nuclear waste. The lethal nuclear waste will remain hazardous for thousands of years. President Obama’s Blue Ribbon Committee on America’s Nuclear Future, determined that nuclear waste should be stored in yet-to-be-determined “deep geological facilities.” The study unfortunately suggests that the costs be borne by ratepayers. Continue reading