This AP item comes from the Jakarta Post.

Since it's kind of a big deal, you'd think our media would have noted it.

MCM

Sources: Obama cuts funds for US nuclear dump

http://www.thejakartapost.com/news/2009/02/26/sources-obama-cuts-funds-us-nuclear-dump.html

President Barack Obama is taking the first step toward blocking a 
proposed repository for U.S. nuclear waste, by slashing money for the 
program in his first budget, according to congressional sources.

Obama's budget to be announced Thursday (Friday in Jakarta) will 
eliminate virtually all funding for the Yucca Mountain project in 
Nevada with the exception of money needed for license applications 
submitted last year to the Nuclear Regulatory Commission, said the 
sources, who asked not to be identified because the document had not 
been made public.

Senate Majority Leader Harry Reid of Nevada, who has fought the Yucca 
Mountain dump for years, said Obama's decision to cut funding 
"represents our most significant victory to date in our battle to 
protect Nevada from becoming the country's toxic wasteland."

The site at Yucca Mountain, 90 miles (145 kilometers) northwest of 
Las Vegas, has been under consideration for a quarter-century, ever 
since a 1982 nuclear-waste law designated Yucca Mountain as the 
country's only future waste repository.

Nevada officials have argued that the volcanic ridge line is not the 
most suitable place to store 70,000 tons of reactor waste from 
commercial power plants, currently stored in pools and in concrete 
enclosures at reactor sites.

Obama during his presidential campaign said Yucca Mountain has not 
been shown to be the best site based on the science, and he promised 
to review the project.

Earlier this week, House and Senate Democrats cut Yucca Mountain 
funding for the remainder of this fiscal year to $288 million, the 
lowest in recent years. Obama is not expected to provide a specific 
funding level in his budget, which instead will provide a general 
outline of spending for the 2010 fiscal year beginning in October.

By cutting the waste program, said Reid in a statement, Obama has 
taken "a critical first step toward fulfilling his promise to end the 
Yucca Mountain project ... President Obama recognizes that the 
proposed dump threatens the health and safety of Nevadans and 
millions of Americans."

Obama is expected to establish a commission to examine alternatives 
to Yucca Mountain, even as the Nuclear Regulatory Commission 
continues to consider the license application for the waste 
repository that was submitted by the Bush administration last year.

Energy Secretary Steven Chu has said he has no plans to withdraw the 
license application, a move that could draw lawsuits from the nuclear 
industry.

The NRC has up to four years to review the application. The Bush 
administration had hoped to have the Yucca dump available for waste 
shipments in 2020.

In a report to Congress in December, the Bush administration 
dismissed suggestions that reactor waste be kept at temporary storage 
sites at government facilities, an option that Obama has suggested. 
To keep waste in temporary storage Congress would have to change the 
1982 nuclear-waste law.

The government has estimated the Yucca Mountain project's total costs 
at $96.2 billion. About $13.5 billion already has been spent.

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