for disposal of high level radioactive waste by law under the Nuclear Waste Policy Act. If this charge were based on the longevity of the waste, closed fuel cycles might become more financially competitive. As the planned geological repository in the form of Yucca Mountain is not going ahead, this fund has collected over the years and presently $25 billion has piled up on the Government's doorstep for something they have not delivered, that is, reducing the hazard posed by the waste. Reprocessing nuclear fuel using pyroprocessing and electrorefining has not yet been demonstrated on a commercial scale, so investing in a large IFR-style plant may be a higher financial risk than a conventional light water reactor. Passive safety The IFR uses metal alloy fuel (uranium/plutonium/zirconium) which is a good conductor of heat, unlike the LWR's (and even some fast breeder reactors') uranium oxide which is a poor conductor of heat and reaches high temperatures at the center of fuel pellets. The IFR also has a smaller volume of fuel, since the fissile material is diluted with fertile material by a ratio of 5 or less, compared to about 30 for LWR fuel. The IFR core requires more heat removal per core volume during operation than the LWR core; but on the other hand, after a shutdown, there is far less trapped heat that is still diffusing out and needs to be removed. However, decay heat generation from short-lived fission products and actinides is comparable in both cases, starting at a high level and decreasing with time elapsed after shutdown. The high volume of liquid sodium primary coolant in the pool configuration is designed to absorb decay heat without reaching fuel melting temperature. The primary sodium pumps are designed with flywheels so they will coast down slowly (90 seconds) if power is removed. This coast-down further aids core cooling upon shutdown. If the primary cooling loop were to be somehow suddenly stopped, or if the control rods were suddenly removed, the metal fuel can melt as accidentally demonstrated in EBR-I, however the melting fuel is then extruded up the steel fuel cladding tubes and out of the active core region leading to permanent reactor shutdown and no further fission heat generation or fuel melting. With metal fuel, the cladding is not breached and no radioactivity is released even in extreme overpower transients. Self-regulation of the IFR's power level depends mainly