In the News

Negative externalities - UK nuclear waste cleanup operation could cost £260bn

Graham Watson

25th September 2022

The extent to which nuclear waste generates negative externalities is highlighted here because the decommissioning of Britain's ageing nuclear power stations appears likely to cost more than anticipated.

The Nuclear Decommissioning Authority expects the total bill for this to come to £260m, mostly to pay for the giant underground nuclear waste dump required to store nuclear waste.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to tutor2u, reads voraciously and is interested in all aspects of Teaching and Learning.

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