3 ms·
Yeah, the safety standards for nuclear reactors exaggerate the dangers compared to the alternatives that are suitable for base load generation
by fiddlerwoaroof 3y ago
Yeah, the safety standards for nuclear reactors exaggerate the dangers compared to the alternatives that are suitable for base load generation
- pydry 3y agoThe Price-Anderson Nuclear Industries Indemnity Act exists precisely because sophisticated private insurers run a mile from fully insuring against these dangers. Until the subsidy is repealed and taxpayers stops insuring it, the industry's frequent claims of its own safety ring kind of hollow. It's particularly galling to see them cynically demand that safety regulations be watered down to bring down costs while the act still exists. Imagine if we made taxpayers responsible for cleaning up oil spills.
- ViewTrick1002 3y ago> Imagine if we made taxpayers responsible for cleaning up oil spills. We are. Then we try to go after the companies but it all depends on their corporate structure and in what legislature. - For a ship not exceeding 5,000 gross tonnage, liability is limited to 4.51 million SDR (US$5.78 million) - For a ship 5,000 to 140,000 gross tonnage: liability is limited to 4.51 million SDR plus 631 SDR for each additional gross tonne over 5,000 - For a ship over 140,000 gross tonnage: liability is limited to 89.77 million SDR (US$119.39 million) https://www.imo.org/en/About/Conventions/Pages/International-Convention-on-Civil-Liability-for-Oil-Pollution-Damage-(CLC).aspx https://www.imo.org/en/About/Conventions/Pages/International... In the past we have accepted this socialized cost as a requirement for a world fueled by fossil fuels, which of course will change as we transition away.