Orifissilevy

Orifissilevy is a term used in public policy discussions to describe a proposed levy on fissile materials or components used in the nuclear fuel cycle. It is a neologism that has appeared in policy papers, parliamentary debates, and analysis in several jurisdictions exploring ways to allocate the costs associated with nuclear safety, waste management, and nonproliferation.

The basic idea is to raise public funds by taxing fissile resources or purchases related to them. Revenues would ideally support safe handling, regulatory oversight, decommissioning of facilities, and long-term waste facilities, as well as programs to prevent proliferation. The levy could be assessed at various points in the supply chain, such as mine production, processing, or final procurement, and could apply to both domestic producers and imports.

Supporters argue that orifissilevy would align costs with benefits and create predictable funding for essential nuclear infrastructure, while potentially reducing taxpayer exposure. They also suggest it could incentivize more efficient practices and safer handling of materials.

Critics warn that the design is complex and could raise costs for industry, affecting energy prices and investment. They point to the risk of cross-border effects, tax competition, and regulatory burdens, as well as potential loopholes and enforcement challenges. Governance, transparency, and international coordination would be central issues in any implementation.

In practice, orifissilevy remains a topic of academic and policy debate rather than a widely adopted policy instrument, with opinions varying by country and regulatory framework.