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nium operation would be "vanishingly small” assumed a maximum 7.8 mdlirems of radiation would be added to a neighbor’s environment, yet the proposed law would allow operators to impose up to 285 millirems on neighboring properties.
—The Task Force determined that federal uranium laws and regulations
are inadequate for Virginia and that, therefore, the current moratorium may be lifted only,if Virginia' takes on the direct regulation of the industry, i.e. becomes an " Agreement State. ■ —Current estimates are that it will cost $1.6 million to develop the regulatory program and become an Agreement State. Thereafter it will cost nearly $800,000 per year to maintain control of the regulatory program — for 453 jobs lasting 13 years.
—According to the Tayloe Murphy Institute, the uranium industry would increase total economic activity in Southside Virginia by less than 1 percent.
—A University of Virginia professor estimates that to clean up a “modest (groundwater) contamination problem” would cost $100 million (in 1983 dollars) and $1.2 billion “to remove and treat the Swanson tailings” if an accident should occur there. .
—William A. Alesio a (Carbide) Umetcb Vice President told Congress on September 12, 1984 “the domestic uranium mining industry is in serious jeopardy. Absent some form of government action it is unlikely to survive.
—Union Carbide had accumulated $70 million in federal tax refunds and $160 million in investment tax credit carryforwards and Marline had an operating loss carryforward of $35 million as of December 31, 1983. Virginia should expect no income tax revenue from a facility owned by either of these companies.
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