Donít take them at their word
If thereís one thing that Entergyís recent announcement that it will close down Vermont Yankee next year proves yet again, itís that the company lies compulsively. Less than a month ago Entergy Vice President Terry Young insisted shuttering Vermont Yankee was never considered a cost-cutting option. Now, as was so succinctly put by Bill Mohl, president of Entergy Wholesale Commodities, ďThis asset is not financially viable,Ē a conclusion reached after months of evaluation by the companyís board of directors.
It is very easy to imagine, given Entergyís long history of false and misleading statements, as well as the withholding of critical information from regulators and the public, that the announced closing of Vermont Yankee is a ploy to get the Public Service Board to lay off and just give them a Certificate of Public Good, and to get the Attorney General to give up Vermontís fight with Entergy in the courts. After all, theyíre closing in a year anyway, right? Maybe not. Thereís nothing that says they canít change their mind, that the plantís financial viability wonít suddenly change, particularly if a Certificate of Public Good or a legal battle, possibly before the Supreme Court, are no longer an issue.
Vermont Yankee is closing. It will soon no longer be producing the most toxic elements known, and to encourage everyone not to let their guard down, to understand that decommissioning once begun is a long and hazardous process being undertaken by a company for whom the plant is now a financial liability. But celebrate, yes.
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