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by triceratops
1708 days ago
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That math works out only if all the nuclear power plants in the world pay into a single risk pool. Which they don't. Do you know how much companies actually pay for private insurance in the US? I haven't been able to find details. But I did learn that private insurance caps out at $450m and the industry as a whole agrees to cover costs above that (out of their own policies) up to $12b or so. Above that, it's up to Congress to come up with the money.[1] 1. https://en.wikipedia.org/wiki/Price%E2%80%93Anderson_Nuclear... |
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