Document Detail


Managing the uncertainties of low-level radioactive waste disposal.
MedLine Citation:
PMID:  9739624     Owner:  NLM     Status:  MEDLINE    
Abstract/OtherAbstract:
The disposal of low-level radioactive waste (LLRW) entails financial and safety risks not common to most market commodities. This manifests debilitating uncertainty regarding future waste volume and disposal technology performance in the market for waste disposal services. Dealing with the publicly perceived risks of LLRW disposal increases the total cost of the technology by an order of magnitude, relative to traditional shallow land burial. Therefore, this analysis first examines five proposed disposal facility designs and quantifies the costs associated with these two important sources of uncertainty. Based upon this analysis, a marketable disposal permit mechanism is proposed and analyzed for the purpose of reducing market uncertainty and thereby facilitating a market solution to the waste disposal problem. In addition to quantifying the costs, the results illustrate the ways in which the design of a technology is influenced by its institutional environment, and vice versa.
Authors:
C W Bullard; H T Weger; J Wagner
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Publication Detail:
Type:  Journal Article; Research Support, Non-U.S. Gov't    
Journal Detail:
Title:  Journal of the Air & Waste Management Association (1995)     Volume:  48     ISSN:  1096-2247     ISO Abbreviation:  J Air Waste Manag Assoc     Publication Date:  1998 Aug 
Date Detail:
Created Date:  1998-10-13     Completed Date:  1998-10-13     Revised Date:  2006-11-15    
Medline Journal Info:
Nlm Unique ID:  9503111     Medline TA:  J Air Waste Manag Assoc     Country:  UNITED STATES    
Other Details:
Languages:  eng     Pagination:  701-10     Citation Subset:  IM    
Affiliation:
Department of Mechanical and Industrial Engineering, University of Illinois at Urbana, USA.
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MeSH Terms
Descriptor/Qualifier:
Costs and Cost Analysis
Radioactive Waste / adverse effects*,  legislation & jurisprudence,  statistics & numerical data
United States
Chemical
Reg. No./Substance:
0/Radioactive Waste

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