Comments by "yankee2 yankee" (@yankee2yankee216) on "VICE News"
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Yeah, but what if there is a meltdown? Industry experts claim the projected lifespan of a nuclear reactor to be 80 years. Will an old reactor be as reliable as a new one? Will the reactors of the future be better maintained than current ones, which have failed several times, at far less than 80yoa? Who would want to live next to an 80yo reactor?
My main message is that if we add the cost of damage done by one, single nuclear meltdown, to the other costs, I believe, nuclear energy is much too expensive to be viable! If we add the cost of replacing as much as 100 square miles of property, buildings, homes, businesses and business losses, infrastructure, healthcare costs due to radiation exposure, sums for the disruption of lives and for emotional damage to the engineering and production costs, IN FULL, as responsibility dictates, NUCLEAR ENERGY IS MUCH TOO EXPENSIVE!
So how do the energy companies do it??? SIMPLE, IN THE EVENT OF A MELTDOWN, THEY LEAVE THE PEOPLE HOLDING THE BAG!
That’s right, the nuclear industry DOES NOT CARRY NEARLY ENOUGH INSURANCE to cover the cost of damage they will definitely do, at some point in the future!!! See, the actual cost of a meltdown is not a part of their equation! They intend, in the event of a meltdown, to <u>shift the costs of recovery onto the victims</u>… It’s the old “externalize costs” trick, where they make the people pay their industrial costs!
Does that sound viable to you?
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Fine, if the nuclear industry guarantees that in the event of a nuclear accident, on any scale, that the company that operated the plant that melted down will compensate every single person and business harmed by the accident, for their losses, in full…
That would mean REPLACING as much as 100 square miles of property, including land, buildings and infrastructure, with EQUIVALENT land, buildings, homes and infrastructure, of the claimant’s choice. It would also require replacing all business facilities, as well as compensating for business lost due to the meltdown, from the moment the accident occurs until those concerns are back to normal. There will also be healthcare costs for everybody exposed to radiation, and compensation for emotional trauma, from having their lives torn apart!
The bill could come to trillions of dollars, maybe 10s of trillions.
What I want to know is, DOES THE NUCLEAR INDUSTRY CARRY ENOUGH INSURANCE TO COVER THOSE COSTS? If not, why not? Could it be that the TOTAL cost of nuclear energy, including the risk of damage from a nuclear accident, WHICH IS INEVITABLE, eventually, is much too high?
I say the nuclear industry must either buy enough insurance to cover the TOTAL cost of a meltdown, or shut the reactors down!
If insurance is unaffordable, nuclear power is NOT VIABLE.
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