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“For decades, Simmons has been buying and selling companies, running into government regulators and unions along the way, and more often than not stubbornly overcoming his opponents—through paying campaign donations, lobbying and changing laws. In 1995, he became involved with a project to create a nuclear waste dump in Andrews County in West Texas. Last year, after Texas’ legislature passed a bill to allow 36 states to dump low-level waste, Forbes reported that his stake in the project jumped from $5 billion to $9.6 billion.
Simmons is hoping that the Nuclear Regulatory Commission will allow the site to start accepting high-grade radioactive waste from power plants and the military. In 2006, the company won a state environmental permit, after it spent six years not only changing Texas law to allow it to proceed, but steamrolling state environmental geologists who worried the project would leak into the Ogallala Aquifer, North America’s largest.”
Read more: AlterNet
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