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It doesn't seem that clear cut to me, from what I see insurance liabilities in the US and throughout Europe are capped at a dollar amount or up to the corporat
by zild3d 9y ago
It doesn't seem that clear cut to me, from what I see insurance liabilities in the US and throughout Europe are capped at a dollar amount or up to the corporate equity, not the full damage costs. Nuclear disasters like
Fukushima or Chernobyl have cost estimates that are each well over $200 billion. What insurance policy or company can foot that bill?
http://www.theecologist.org/blogs_and_comments/commentators/2265605/the_true_cost_of_disaster_insurance_makes_nuclear_power_uncompetitive.html http://www.theecologist.org/blogs_and_comments/commentators/...