But some residents say the bad news is that the waste will be shipped out on trucks and trains that will pass within a mile of more than 300,000 North Carolina residents and more than 300 of the state's schools.
However, the members of the U.S. Senate who recently approved the bill believe moving the waste to a central location makes more sense than allowing it to build up at plants all over the county.
This is especially true for Carolina Power & Light Co.'s Shearon Harris Nuclear Power Plant, located about 20 miles southeast of Chapel Hill, where 3,500 spent-fuel assemblies are held in three cooling pools.
If the waste is not transferred in the next seven years, Shearon Harris might have to use its fourth cooling pool.
"Assuming the Yucca Mountain project moves forward, what it ultimately means for the Harris facility is we will likely need less storage space for spent-fuel than we had anticipated," said Keith Poston, a spokesman for Progress Energy, CP&L's parent company.
"And in the future we would begin seeing the amount of spent fuel stored at Harris gradually decline, depending on the shipping schedules."
But the Yucca Mountain storage facility seems to be far from the day it receives its first load of nuclear waste.
The U.S. Nuclear Regulatory Commission first must approve a license for the project. Officials hope to open the site by 2010, though some supporters say that date is optimistic.
Most of the facility's waste will travel from North Carolina to the Yucca Mountain facility by rail.