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. Last Updated: 07/27/2016

Group Touts Disposal on Wake Island

WASHINGTON -- A well-connected private group, in partnership with the Russian nuclear agency, is proposing to ship much of the world's spent nuclear fuel to Wake Island, a remote atoll in the South Pacific.

The plan, which has skeptics aplenty and strong political opposition, belongs to the U.S. Fuel and Security Group. The firm is headed by several prominent Republicans, including former U.S. secretary of state James Baker III .

The company has had little success so far in convincing the Clinton administration and others that consolidation of much of the world's high-level nuclear waste on a remote island makes sense.

U.S. Fuel has also sought credibility by engaging the Russians in the proposed venture. Company officials say the partnership will ensure that spent fuel from Russian reactors is securely stored and not reprocessed to extract weapons-usable material. As for the Russians, they see the partnership as a means to "immediately become a world leader in nuclear services,'' according to Valeriy Bogdan, vice minister of Minatom, the Russian agency that is a 50-50 partner in Murphy's group.