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Joint Activities

WASTE OWNERSHIP AND LONG-TERM LIABILITIES

The concept of future financial liability, according to the NEA/OECD study "Future Financial Liabilities Arising from Nuclear Activities" (1996), is defined as the costs an organisation or a company will have to cover as a consequence of its current activities. They arise whenever systems and procedures are not in place to complete immediately or in short term any action needed to satisfy licensing and other regulatory requirements related to environmental burdens in the broader sense...

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