Word: vermont
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...China Syndrome. With their long, notorious track records of burning money and spewing toxic waste, it's hard to imagine that nuclear power plants could ever again be hot properties. But in Vernon, Vt., some of the nation's largest energy companies are battling to gobble one up. The Vermont Yankee plant, a 28-year-old nuclear war-horse, has become the target of a bidding...
...With the price of oil and natural gas escalating, concerns about global warming rising and electricity markets deregulating, these onetime white elephants are starting to look more like cash cows. The Vermont battle, in fact, is just the latest stop on an industrywide shopping spree that is fueling a nuclear resurgence. By the end of the decade, new nuclear power plants could be sprouting up right here at home: the Nuclear Regulatory Commission (NRC) has already approved the next generation of supposedly cheaper, safer plant designs...
...senator who's being coy about whether he might switch is Vermont Republican Sen. James Jeffords. When newspapers began suggesting last week that Jeffords might bolt for the Donkey Party, Jeffords had his press secretary issue a weak denial. "Sen. Jeffords is very comfortable as the most conservative member of the Vermont delegation," says spokesman Erik Smulson. "Regardless of party label, he will do what he thinks is best for Vermont and the nation." So does that mean he could do what's best for Vermont as a Democrat? "That's all I'm authorized to say," Smulson says...
...Jeffords may portray himself as the most conservative member of the Vermont congressional delegation, but he's one of the most moderate and independent- minded Republicans in the Senate. And he's giving Bush fits. The White House was furious with Jeffords' refusal to support Bush's $1.6 trillion tax cut, which forced Lott to compromise on a lower number. There were dark rumors coming from Republicans that Jeffords would be punished for not supporting the President. Go ahead and you'll drive him out of the party, Jeffords aides threatened back. Vermonters love independents and Democrats...
...company relocated from Burlington, Vt., to Austin, Kelly says, primarily for two reasons: Houston was still the energy capital of the country; and as long as the company stayed in highly regulated Vermont it was in the somewhat embarrassing position of not being able to do business in its own state...