Carter Afraid Windfall Tax Favors Oil Firms
President Carter signals concern that a windfall profits tax on oil revenues could primarily boost oil companies. He plans to decontrol prices from June 1 and urges Congress to back a 9 percent tax on new revenues to fund energy programs mass transit and aid utilities. The proposal meets mixed House and Senate reaction as critics label it a charade.
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Nuclear plant shutdowns considered after Three Mile Island design ties
NRC Chairman Hendrie said the commission may order temporary shutdown of eight plants sharing TMI design, with four operating now and four more possibly offline for a month. The move would reduce East Coast capacity and heighten reserve strain while staff review safety issues and licensing processes.
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Harrisburg
Roger Mattson
Division of Systems Safety
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