Bond to deliver our nuclear projects from bondage

This paper examines the Internal Revenue Service (IRS) ruling that prevents the use of Pollution Control Revenue Bonds (PCRB) as a source of capital to complete nuclear projects, advances arguments that prevention of pollutants should be treated at least in par with the removal, alteration, or disposal of realized pollution, recommends reexamination of the IRS ruling, and emphasizes the need for the nuclear community and ultimately the US Congress to take a fresh look at the applicability of the PCRB tax exemption incentives for the nuclear safety-related structures and systems, at least for the completion of suspended nuclear projects