Cost Protection

Mr. Jaczko, in the interview, said the proposal to change the cost-protection rule is one "I'll be very interested in working to see adopted." ❋ Stephen Power (2011)

Up to now, a cost-protection rule has essentially barred the NRC from requiring major plant improvements without first having to prove that the human-health benefits justify the cost. ❋ Stephen Power (2011)

The cost-protection rule was created to shield the nuclear sector after its costs spiraled out of control because of the NRC's reaction to the 1979 accident at the Three Mile Island reactor in Pennsylvania. ❋ Rebecca Smith (2011)

The cost-protection rule adopted in 1988 has insulated the industry against major upgrades without proof that human health benefits exceeded those costs. ❋ Rebecca Smith (2011)

Tony Pietrangelo , chief nuclear officer for the industry's Nuclear Energy Institute, said the proposal to set aside the cost-protection rule amounted to "sweeping change." ❋ Rebecca Smith (2011)

Tony Pietrangelo, chief nuclear officer for the industry's Nuclear Energy Institute, said the proposal to set aside the cost-protection rule amounted to "sweeping change." ❋ Unknown (2011)