It's a plan, but it's still driven by economy, and still allows disasters to occur. The only thing it does is pay off victims from such disasters (if I understa

It's a plan, but it's still driven by economy, and still allows disasters to occur. The only thing it does is pay off victims from such disasters (if I understand you correctly) - the victims wouldn't be victims if disasters didn't happen in the first place. How about just not going anywhere near risky behaviour when it comes to the environment and/or people, ans simply disallow any such thing from happening unless companies can provide sufficient proof it won't cause damage? It's far from a perfect system either (see pharma) but should in the end lead to less damage.