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U.S. Department of Energy
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How nuclear reactor siting affects local communities

Journal Article · · Surv. Bus.; (United States)
OSTI ID:7249343
The local economic impacts of building and eventually operating nuclear power plants is discussed. In the business sector such impacts involve: changes in overall employment; distribution of income or employment; and/or the relative prices of local goods and services. In the government sector, a significant number of new workers residing locally may place pressure on public services. The impacts differ, of course, during construction as opposed to operation of the plant and are affected by such factors as the percentage of migrant workers, purchases of goods and services by both workers and contractors, and tax changes necessitated by the facility. A number of policy-related implications are supported in this analysis. First it is desirable to avoid siting facilities in areas with inadequate labor forces. A second public policy issue is to redistribute a major portion of the tax benefits associated with reactor siting. Finally it should be noted that widespread adoption of nuclear-powered electrical stations without a system of revenue redistribution could mean a transfer of substantial amounts of tax revenues from large metropolitan regions to rural areas. The overall issue of economic impacts associated with power reactors may eventually be reduced to mitigation of construction impacts with provision for a minimum long-term incentive to host communities, as well as a repayment mechanism to help metropolitan areas recoup what might otherwise be a permanent outflow of tax dollars. (MCW)
Research Organization:
Oak Ridge National Lab., TN
OSTI ID:
7249343
Journal Information:
Surv. Bus.; (United States), Journal Name: Surv. Bus.; (United States) Vol. 11:5; ISSN SUBUD
Country of Publication:
United States
Language:
English