Crystal Balls and Cooling Ponds: An Insight into Financial Forecasting and Funding Problems of the Nuclear Legacy
Barry Pemberton ()
Public Organization Review, 2019, vol. 19, issue 3, 407-422
Abstract Globally, ageing civilian nuclear plant and their toxic wastes are in need of decommissioning and disposal as operational lives end. In the UK, a legacy (DTI 2002) of such plant has emerged from an embryonic nuclear industry that initially prospered but ultimately failed. This legacy’s estimated financial forecasts and liabilities are increasing while no sustainable funding solution is in place. Using a historical analytical approach, the paper aims to identify uncontained financial matters and in the context of this industry to determine if the application of accounting conventions is appropriate. Possible solutions that may have relevance to other nuclear nations are suggested forming the papers primary contribution.
Keywords: Nuclear provisions; Discounting; Forecasting; Funding; Decommissioning (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s11115-018-0409-7 Abstract (text/html)
Access to full text is restricted to subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:kap:porgrv:v:19:y:2019:i:3:d:10.1007_s11115-018-0409-7
Ordering information: This journal article can be ordered from
http://www.springer. ... ce/journal/11115/PS2
Access Statistics for this article
Public Organization Review is currently edited by Ali Farazmand
More articles in Public Organization Review from Springer
Bibliographic data for series maintained by Sonal Shukla ().