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Regulations and laws around liability should be technology neutral and based on historical facts. Every time we have a flood from a hydroelectric dam, the insur
by belorn 4y ago
Regulations and laws around liability should be technology neutral and based on historical facts. Every time we have a flood from a hydroelectric dam, the insurance per tw/h generated from hydroelectricity should be increased. Every time a forest fire is triggered by the electricity grid, those units that depend on the guilty equipment should have their insurance increased based on tw/h generated from those units. Same should apply to nuclear, adjusted to the tw/h generated.
Obviously same apply to fossil fuels. When they cause illness and air pollution their insurance to pay for those external costs should go up. When we have extreme weather or rising water temperature, insurance should go up. Anywhere in the world where historically a electricity generated unit create an external cost to society, we should make a note of it and tally it up.
Sadly we won't see those electricity generated sources paying out, but it would be good to have a factually number of how much they in theory should be paying and thus what the theoretical costs to society is when we use, maintain and construct new capacity. That way we can reason around what has more external cost to society and what has less. We can form a number on how much extra a consumer should be paying based on what energy mix they consumed.