Property Valuation and Radioactive Materials Transportation: A Legal, Economic and Public Perception Analysis

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The shipment of transuranic (TRU) radioactive waste to the Waste Isolation Pilot Plant (WIPP) in New Mexico raised a serious socioeconomic issue - the potential devaluation of property values due to the transportation of TRU waste from generator sites to the disposal facility. In 1992, the New Mexico Supreme Court held in City of Santa Fe v. Komis that a loss in value from public perception of risk was compensable. This issue has become an extremely important one for the development of the Yucca Mountain repository in Nevada for disposal of spent nuclear fuel and high-level radioactive waste. Much research ... continued below

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15 pages

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Holm, J. A.; Thrower, A. W.; Widmayer, D. A. & Portner, W. February 26, 2003.

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Description

The shipment of transuranic (TRU) radioactive waste to the Waste Isolation Pilot Plant (WIPP) in New Mexico raised a serious socioeconomic issue - the potential devaluation of property values due to the transportation of TRU waste from generator sites to the disposal facility. In 1992, the New Mexico Supreme Court held in City of Santa Fe v. Komis that a loss in value from public perception of risk was compensable. This issue has become an extremely important one for the development of the Yucca Mountain repository in Nevada for disposal of spent nuclear fuel and high-level radioactive waste. Much research has been conducted about the potential impacts of transportation of spent fuel and radioactive waste. This paper examines the pertinent studies conducted since the Komis case. It examines how the public debate on radioactive materials transportation continues and is now focused on transportation of high-level waste and spent nuclear fuel to the proposed Yucca Mountain repository. Finally, the paper suggests a path forward DOE can take to address this issue.

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15 pages

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  • Waste Management 2003 Symposium, Tucson, AZ (US), 02/23/2003--02/27/2003

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  • Report No.: none
  • Office of Scientific & Technical Information Report Number: 827119
  • Archival Resource Key: ark:/67531/metadc787556

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  • February 26, 2003

Added to The UNT Digital Library

  • Dec. 3, 2015, 9:30 a.m.

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  • Aug. 2, 2016, 5:42 p.m.

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Holm, J. A.; Thrower, A. W.; Widmayer, D. A. & Portner, W. Property Valuation and Radioactive Materials Transportation: A Legal, Economic and Public Perception Analysis, article, February 26, 2003; Tucson, Arizona. (digital.library.unt.edu/ark:/67531/metadc787556/: accessed August 23, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.