3 ms·
Not so directly related to the story, but Fukushima has clarified my understanding of the risks of nuclear power. The risk is to property directly, and not so
by jhallenworld 6y ago
Not so directly related to the story, but Fukushima has clarified my understanding of the risks of nuclear power.
The risk is to property directly, and not so much to human life. Usually there is enough warning for people to get away, but the contamination is extremely expensive to clean up, leading to exclusion zones.
https://cleantechnica.com/2019/04/16/fukushimas-final-costs-will-approach-one-trillion-dollars-just-for-nuclear-disaster/ https://cleantechnica.com/2019/04/16/fukushimas-final-costs-...
The bottom line is that no sane insurance company will fully cover nuclear power operations. No other power source has this problem.
But there is insurance:
https://www.iii.org/article/insurance-coverage-nuclear-accidents https://www.iii.org/article/insurance-coverage-nuclear-accid...
$13B does not seem enough, and taxpayers are supposed to pay any amount exceeding this.
- sradman 6y ago> The risk is to property directly, and not so much to human life. Exactly, both large swaths of land contaminated by low-grade radioactive material as well as the loss of the failed reactor/plant. Considering the high capital costs involved, any premature failure of a nuclear plant is devastating economically. The original assumption was that failures would be extremely rare but the health costs associated with failures would be enormous; the opposite proved to be true. Fiscal conservatives should be up in arms; not greens nor tech-utopians.
- Iwan-Zotow 6y agoBut they are rare, like once in twenty years