Obama Rejects Nuclear Waste Site in Nevada After 20-Year Fight

Feb. 26 (Bloomberg) — President Barack Obama will block the 20-year-old project to store U.S. nuclear waste at Yucca Mountain in Nevada and devise a new solution, the Energy Department said.

Obama and Energy Secretary Steven Chu “have been emphatic that nuclear waste storage at Yucca Mountain is not an option, period,” said department spokeswoman Stephanie Mueller. The federal budget plan Obama is releasing today “clearly reflects that commitment,” she said.

“The new administration is starting the process of finding a better solution for management of our nuclear waste,” Mueller said in an e-mail today.

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