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We allow cities close to the ocean even though the Japanese tsunami damages cost more than ten times as much as the nuclear accident it caused. We allow cities
by pimmen 8y ago
We allow cities close to the ocean even though the Japanese tsunami damages cost more than ten times as much as the nuclear accident it caused. We allow cities on fault lines as well, even though earth quakes could kill hundreds of thousands of people.
What does ”uninsurable” mean? If nuclear power plants are uninsurable Silicon Valley is uninsurable.
- toomuchtodo 8y agoUninsurable means a nuclear generator cannot obtain commercial liability insurance due to black swan events that could incur hundreds of billions of dollars in liability. Silicon Valley is insurance because the liability exposure is substantially less.