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by cryptoneo
1171 days ago
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If there is such good evidence it shouldn't be hard to get nuclear plants insured. Insurance companies usually don't decide based on ´emotional reactions to incidents that were not that serious´ but look at the facts. As long as the cleanup cost is externalized and paid for by my tax dollars you're damn right I'm reacting emotional. Wouldn't you, if they set up the plant in your backyard (think Europe's population density)? The sun gives us 10,000 times earths energy demand, so maybe we stop discussing nuclear industry marketing blogs and shift focus on energy storage technology. |
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The occurrence of nuclear accidents is so rare and the potential cost so high that a typical insurance company business model can't accommodate that risk.
You could try develop some kind of insurance bond scheme where nuclear power plant needs to raise a capital buffer to protect against accidents, and in case of an accident, bond investors lose their money. But even this kind of a scheme would be pretty difficult to pull off in a scale that would cover all potential losses, and someone (government) would need to take the tail risk.
And just to be clear, even now, nuclear plants do not go completely uninsured.
https://www.nrc.gov/reading-rm/doc-collections/fact-sheets/n...