The German government has cut a deal with the nuclear power companies operating in the country that would guarantee them a ceiling on costs related to radioactive waste, lawmakers said Monday. Germany’s E.ON SE, RWE AG, EnBW AG and Sweden’s Vattenfall AB already set aside about €17 billion ($18 billion) to finance the disposal of radioactive waste after the government moved to ban nuclear power five years ago. Under Monday’s deal, they would pay an additional €6 billion into a public fund but be off the hook for any further payments if the cost of processing the radioactive material were to balloon out of control in the decades to come, as many experts fear. The companies have also agreed to drop some of the lawsuits they filed against the government after the nuclear ban.
Wall St Journal 12th Dec 2016 read more »