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The Nuclear Regulatory Commission’s Draft Regulatory Basis: Financial Qualifications for Reactor Licensing Open Access

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This comment on the Nuclear Regulatory Commission’s Draft Regulatory Basis regarding financial qualifications for reactor licensing does not represent the views of any particular affected party or special interest, but is designed to evaluate the effect of the NRC’s proposal on overall consumer welfare. Although the current NRC materials do not place this proceeding in the context of President Obama’s retrospective review order, this is a good example of retrospective review. The NRC has observed that the link between the current financial requirements and the regulatory goal of increased safety is weak to non-existent and that non-regulated merchant plants find the current rules particularly burdensome.

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