3 ms·
Fantastic. Lets kill off the Price-Anderson Nuclear Industries Indemnity liability cap then. If modern new plants are safe as houses as you say then there is N
by pydry 1y ago
Fantastic. Lets kill off the Price-Anderson Nuclear Industries Indemnity liability cap then.
If modern new plants are safe as houses as you say then there is NO problem relying upon ONLY sophisticated private insurers who know the risks well to cover any potential future Fukushima-level clean up costs (only ~$800 billion or so).
Until the act is killed though, it's very easy to believe that it exists SOLELY because sophisticated private insurers would take one look at the risks of nuclear kaboom and the costs of cleanup in the event it happens and go "fuck THAT".
Makes me feel really safe, knowing that as a taxpayer Im forced to be on the hook for all clean up costs over $300 million.
- const_cast 1y ago> Makes me feel really safe, knowing that as a taxpayer Im forced to be on the hook for all clean up costs over $300 million. If it's any consolation, you're already on the hook for oil/gas cleanup, which is significantly more expensive. Texas has an estimated 1 Trillion dollars in damages from our Oil craze. Whoops... And, certainly the likes of Chevron won't be paying that.
- ZeroGravitas 1y agoThat's roughly the same scale as Fukushima which has 81 Trillion Yen or .6 Trillion dollars as one estimate. Like the construction costs in the article the cleanup costs estimates rise over time.
- pydry 1y agoIt just makes me feel even more like the carbon and nuclear industries are two coddled peas in a pod.
- const_cast 1y agoThe difference is that nuclear has comparatively far less damage and has taken orders of magnitude less lives, however we treat it like it's radioactive. We have absolutely no issue drilling or fracking.
- pydry 1y ago>We have absolutely no issue drilling or fracking We do take issue with that though.
- const_cast 1y agoNot from a legislative perspective, no. Those are extremely privileged methods of resource collection, and typically the companies who cause damage do not pay for the cleanup. We just call it a superfund site and then spend taxpayer dollars for the next 50 years trying to get it to a slightly less poisonous state.
- pydry 1y agoThat's not "we" that's the same legislative "them" that lavish taxpayer subsidies on nuclear power plants and shift 99.5% of the nuclear accident cleanup liability on to the taxpayer. They're just as keen on nuclear power for military reasons as they are keen on supporting carbon industries because of money and lobbyists.
- ViewTrick1002 1y ago> If it's any consolation, you're already on the hook for oil/gas cleanup, which is significantly more expensive. It is not even close. Deepwater horizon cost ~65B to clean up. The estimate from 2016 for Fukushima is $200B with organizations producing estimates up in the trillions. So it is great that we phase out both oil/gas and nuclear and only rely on technologies which pay for the externalities and accidents.