An advocacy group says the Vermont Yankee nuclear power plant in Vernon is not paying its fair share of taxes to the state.
Vermont Public Interest Research Group conducted a study comparing property taxes paid to the kilowatt hours generated by more than forty electric generating facilities in Vermont. VPIRG argues that Yankee's tax per kilowatt hour ratio is significantly lower than the rate paid by wind, hydro, and wood generating facilities. The research group believes that a generation-based tax would level the playing field -- by requiring all generators to pay similar rates.
"That is a remarkably different approach than what we've seen and heard from the government and the legislators who are trying to provide new incentives to get new generators built and provide new job growth in the renewable energy industry here in the state," said VPIRG representative James Moore.
Officials from Vermont Yankee argue that they are already paying more than their fair share in state taxes, more than $10 million a year. The company also says the VPIRG study is far too simplistic -- because nuclear energy produces far more power than wind and hydro facilities -- at a much lower cost.
Saturday, March 8 2014 10:21 AM EST2014-03-08 15:21:27 GMT
Two firefighters are recovering from minor injuries. They were injured while fighting a at the Bennett Farm on Route 15 on the Johnson-Cambridge town line. The fire started in a shed around 7:30 FridayMore >>
Two firefighters are recovering from minor injuries.More >>
Saturday, March 8 2014 10:20 AM EST2014-03-08 15:20:42 GMT
Friends are rallying around families who lost everything in an apartment building fire in St. Johnsbury. They immediately took to Facebook after hearing about this fire and started planning to collectMore >>
Friends are rallying around families who lost everything in an apartment building fire in St. Johnsbury.More >>
Saturday, March 8 2014 10:20 AM EST2014-03-08 15:20:05 GMT
Reporter: "What are some of the most common burn injuries that we see with kids coming into the hospital?" Jim Esdon, Dartmouth Hitchcock Injury Prevention Center: "This time of year, the glass frontedMore >>
We've had another cold week that's left homeowners cranking the heat. But what does that mean for kids' safety?More >>
Saturday, March 8 2014 10:19 AM EST2014-03-08 15:19:21 GMT
Armed with just two L rods, 87-year-old John Wayne Blassingame starts looking for water by asking yes or no questions. "Does it go past 20 feet, does it go past 30 feet, yah," he says. The rods crossingMore >>
A national organization based in Danville says it is providing resources to people in desperate need to find water.More >>
Saturday, March 8 2014 8:31 AM EST2014-03-08 13:31:36 GMT
The Governor is traveling to Rhode Island Saturday. His office says Governor Peter Shumlin will be at Brown University in Providence taking part in a forum with the Rhode Island Governor. While theMore >>
The Governor is traveling to Rhode Island Saturday. More >>
Saturday, March 8 2014 8:17 AM EST2014-03-08 13:17:30 GMT
We have some ideas for your Saturday. IRISH FESTIVAL The 19th annual Burlington Irish Heritage Festival kicks off today. There is a lecture about the role of Irish immigrants in the Civil War at theMore >>
Friday, March 7 2014 7:28 PM EST2014-03-08 00:28:44 GMT
Williston Police say, the powder was from a generic prescription medication. They say, the man was from Burlington and had the paperwork in his pocket with his medicine and that's how it got on there. More >>
Williston Police say, the powder was from a generic prescription medication. They say, the man was from Burlington and had the paperwork in his pocket with his medicine and that's how it got on there.More >>