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by pfdietz
778 days ago
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> The crux of the Fukushima costing is whether damage actually occurred to property. The legal requirement would be if it caused land values to decline. It doesn't matter if that decline was for a reason you'd call irrational. It wouldn't even require proof of responsibility beyond a reasonable doubt; "preponderance of evidence" would be enough in the US system. |
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A government could impose irrational exclusion zones for arbitrary events, it’s unfair to impose the cost on the event itself unless the exclusion zone policy was justified.