Nuke insurance too costly Most plants have little coverage

13 Jun

From the U.S. to Japan, it’s illegal to drive a car without sufficient insurance, yet governments have chosen to run the world’s 443 nuclear power plants with hardly any insurance coverage whatsoever.

The Fukushima No. 1 nuclear disaster, which will leave taxpayers with a massive bill, highlights one of the industry’s key weaknesses — that nuclear power is a viable source for cheap energy only if plants go uninsured.

via Nuke insurance said too costly Most plants have hardly any coverage | The Nuclear Engineering Department At UC Berkeley.

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