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> the operators will undoubtedly go bankrupt I think you are under the impression that if a company files for bankruptcy they can discharge debts they owe to t
by credit_guy 2y ago
> the operators will undoubtedly go bankrupt
I think you are under the impression that if a company files for bankruptcy they can discharge debts they owe to the government. Good luck with that. They will get their power plants sold to the highest bidder, and the proceeds will be used to pay whatever cleanup cost they owe under the Price-Anderson act.
Here's a link to a story that BP paid more than $60 BN for the cleanup related to the Deepwater Horizon spill [1].
[1] https://www.reuters.com/article/world/bp-deepwater-horizon-costs-balloon-to-65-billion-idUSKBN1F50O5/ https://www.reuters.com/article/world/bp-deepwater-horizon-c...
- Kon5ole 2y ago>I think you are under the impression that if a company files for bankruptcy they can discharge debts they owe to the government. No impressions here, surely you realize that if a company has no money, they won't get money just because the government demands it. >Here's a link to a story that BP paid more than $60 BN for the cleanup related to the Deepwater Horizon spill [1]. But BP has lots of money. Nuclear operators don't.
- credit_guy 2y agoThey have no money but they have assets that can be seized and sold.