1. You can only insure against losses to the insured. Most of the concerns regarding externalities. Insurance only will help if you have a legal regime that all

1. You can only insure against losses to the insured. Most of the concerns regarding externalities. Insurance only will help if you have a legal regime that allows people injured by the externalities to be made while from the insured. Imagine you have a situation like the one in Chernobyl: a couple dozen people die. A much larger number of people need to have regular checkups for life, but as a result of said checkups have a normal or slightly longer lifespan. I’m not sure how health insurance works in Germany, but who pays for the lifetime of checkups? Is the power company liable? Will there be a suit? The free market rates could fluctuate wildly, but wouldn’t have any relationship to whether nuclear is better than coal. Also, there’s no guarantee that an a policy would even be offered for more than a year or so. Future insurers might just say, sorry, the admin costs are too much (admin costs could be insane). 2. If the plant goes bust because the government decides to “phase out nuclear” - it’s completely legitimate to ask the government to help with shutdown costs.