• True facts about Vermont Yankee
    August 21,2013
     

    Anti-nuclear activists warn that Entergy’s latest quarterly earnings are lower and layoffs impend, so Vermont Yankee is at risk, and that devious Entergy withheld this information until announcing it.

    They are unaware that corporate earnings always vary for many reasons, likely not due to Yankee, which is a small part of Entergy.

    They are unaware that publicly traded corporations are legally obliged to report their quarterly financial results at specific times during each fiscal year and to disclose in a timely manner any news that could affect the stock price.

    They are unaware of which employees will be laid off at Yankee, because Entergy has not announced this. Essential staffing levels are required by law (10 CFR 50.54) and the operating license (DPR-28).

    Why do Vermont news media always ask one or both of two dissident nuclear engineers for quotes about any topic, regardless of their competency?

    How about asking a neutral investment professional about Entergy’s earnings, stock price and nuclear power plants?

    How about asking a neutral nuclear power expert about which Yankee staff are essential in their present numbers?

    Having two reliable quotes on speed dial when reporting on deadline is convenient; it is not journalism.

    Howard Fairman

    Vernon

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