6 ms·
If you're talking about the Price-Anderson Act, a law requiring plant operators to purchase liability insurance is a kind of regulation. Let's assume you are co
by guscost 12y ago
If you're talking about the Price-Anderson Act, a law requiring plant operators to purchase liability insurance is a kind of regulation. Let's assume you are correct that this particular regulation is not uncommon in the energy industry.
Do you have an example supporting your claim that nuclear power companies are being hindered by the cost of this liability insurance rather than all the other construction protocols, environmental and safety audits, and permits from every level of government they have to pay for?
These two new reactors can only be built if NuStar spends $520 million on licensing, for example:
http://www.neimagazine.com/features/featuredriving-for-a-licence http://www.neimagazine.com/features/featuredriving-for-a-lic...