Current Events — HabitableZone

Current Events » in reply to You got a source for that?

Try these
David F Mayer — (archived)

http://www-tec.open.ac.uk/eeru/natta/renewonline/rol31/15.html

http://www-tec.open.ac.uk/eeru/natta/renewonline/rol28/10.html

Also, there is the blatant INSURANCE subsidy. Nuclear power plants can not obtain insurance from ANY insurance agency. The cost of the Chernobyl disaster was some $400 BILLION. The US nuclear power industry has a fund of a couple of billion dollars reserved for liabilities, but it is grossly inadequate for the possible damages.

So long as the Price Anderson act frees nuclear power plants from having disaster insurance, there is a massive subsidy in which risk is transferred invisibly to the country as a whole. France has no disaster insurance for its nuclear plants either.

Then there is the waste disposal subsidy. What to do with the wastes? The cost of waste disposal, storage, or whatever is also borne by the government and is not counted in power generation costs.

Finally, decomissioning of reactors is a totally unknowns future cost.

Log in or register to post.

The whole thread (54 posts)