677 



Mr. HoLLiNGS. Yes. 



Mr. Bellmon. Will the Senator explain why this act would not 

 serve as a magnet to draw additional development into the coastal 

 zone? If I were a power utility executive looking for a new place 

 to build, I would pick the coastal zone because of the economic advan- 

 tages I would have under this act. 



Mr. Rollings. No. 1. we have the fact in the testimony, when we had 

 the 3 years of hearing, that they were going to locate there. The answer 

 is that without any import aid, they are going to locate in or near the 

 coast. That was one of the main purposes for the act. Now that we have 

 the basis for the enactment by both Houses of Congress, and signed into 

 law by the President, that we are going to try to assist with these im- 

 pacts,' the Senator says we are attracting that which was the very basis 

 for actually passing the law. 



No. 2 in the answer is economics. The FEA has just put out a report 

 that says by 1985, under the Blueprint for Project Independence, there 

 are going to be somewhere around 176 new nuclear powerplants in that 

 coastal arcfs. On an average cost they are going to be between $500 

 million and $1 billion each. 



Mr. Belliiion. Will the Senator say how many plants there will be 

 in other parts of the country. 



Mr. HoLLiNGS. Relatively few. 



Mr. Bellmon. There will be something like 1,500 plants nationwide. 



Mr. HoLLiNGS. No, sir ; not nuclear powerplants. 



Mr. Bellmon. Yes, nuclear powerplants. 



Mr. Hollings. There is a proposed powerplant siting bill. We have 

 tried to look at it in the Commerce Committee and we have tried to get 

 it past the administration. They tell us now they support one and I 

 would gladly vote for it. 



But the economics do not bring to a local area $1 million or $2 

 million for local planning. The impact of a powerplant in that par- 

 ticular area does not say that that particular community will get $1 

 million to put the plant down. 



]Mr. Bbllmon. "\Yliat does the $1 million do ? 



Mr. Rollings. It can do vairous things. 



Mr. Bellmon. It serves to grease the skids so they can come in there. 

 It is a great magnet to draw the plants into the areas where they ap- 

 parently do not want them. 



Mr. Stevens. If the Senator will yield, this is not a grant to the 

 facility, it is a grant to the local government to meet tlie problems 

 caused. 



Mr. Bellmon. But it does tilings that the companies have been doing 

 on their own for many years. We had 1 project that brou<rht some 4,000 

 workers into our State of Oklahoma which we were glad to have, but 

 every community impacted had to take care of their school needs, 

 water needs, street needs, all the rest of it. They are much better for 

 liaving done it. We did not come to the Federal GoverT?mpnt to get a 

 handout. I do not know why the coastal States cannot do what the rest 

 of us have been doing for years. 



Mr. Rollings. Row much time have we remaining, Mr. President? 



The Presiding Officer. The Senator from Arkansas has 10 minutes, 

 and the the Senator fi-om South Carolina has 17 minutes remaining. 



Mr. Rollings. Does the Senator from Arkansas have any further 

 questions or does he want to yield back the remainder of his time? 



