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by __jal
3496 days ago
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It normally is! But. It has catastrophic failure modes. (Yes, pebble beds. Let's talk about realities, not if-onlys.) Because of those catastrophic failure modes, nobody except governments want to assume the risk. And governments only do it because they have sovereign immunity from those whose interests they're supposedly representing. I firmly believe that any interested parties who want to go nuclear, should, and reap those rewards. If you can't find an insurer, go find wealthy people who believe in your design to indemnify you. Just don't pick my pocket to build it and then poison me. |
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That would be a fine if it was a level playing field.
Lots of things have catastrophic failure modes. Dams[1], supertankers[2], chemical plants[3], oil drilling rigs[4], coal mines[5], etc. To say nothing of climate change.
[1] https://en.wikipedia.org/wiki/Banqiao_Dam [2] https://en.wikipedia.org/wiki/Exxon_Valdez_oil_spill [3] https://en.wikipedia.org/wiki/Bhopal_disaster [4] https://en.wikipedia.org/wiki/Deepwater_Horizon_oil_spill [5] https://en.wikipedia.org/wiki/Benxihu_Colliery
The reason those things have no trouble being built anyway is that they aren't required to carry billions of dollars in insurance coverage to begin with.
And maybe they should, but you can't single out nuclear for a requirement to carry that much insurance and then fault it for not being able to satisfy that requirement when its competitors don't.