4 ms·
Indeed. What insurer could have covered the estimated 137 billion dollar hit [1] from the Fukushima disaster? The Japanese government has had to step in, to the
by oska 11y ago
Indeed. What insurer could have covered the estimated 137 billion dollar hit [1] from the Fukushima disaster? The Japanese government has had to step in, to the very real financial detriment of its people and their nation.
[1] http://www.bloomberg.com/news/articles/2012-11-07/fukushima-137-billion-cost-has-tepco-seeking-more-aid http://www.bloomberg.com/news/articles/2012-11-07/fukushima-...
- jedmeyers 11y agoAlso, Chernobyl was one of the reasons Soviet Union collapsed.
- pjc50 11y agoWell, it's cheaper than Greece. (Nuclear reactors have the same "too big to fail" problem as the banking system: the expected value is positive, but the worst-case is a huge open ended liability and toxic asset)