Spectra Energy's Algonquin Pipeline 200 Feet from Failing Indian Point Nuclear Reactors Bad Idea
If there is a nuclear incident similar to Fukushima, the Nuclear Industry liability is limited to just $12 Billion dollars. Further, the Price Anderson Act makes it impossible impossible for property owners to get Nuclear Accident Insurance. Current costs of the Fukushima Reactor Meltdown have exceeded $192 Billion dollars. Imagine such an accident occurring at Entergy's unsafe, aging and dilapidated Indian Point Reactors located just 24 miles up the Hudson River from Manhattan. It is a frightening scenario far more likely than the NRC and NEI are willing to admit to publicly.
Now imagine another Federal Agency in FERC approving the Algonquin High Pressure Pipeline extension in a fashion that will allow this project to be located in/under the Hudson River less than 200 feet from these reactors. It is a recipe for a disaster of biblical proportions that threatens tens of millions of American Citizens.
Biblical Disaster Waiting to Happen
What are they thinking? There are just some ideas that are just wrong, regardless of how you look at them, and Spectra Energy's expansion of the Algonquin Pipeline which when completed will be less than two hundred feet from the failing Indian Point Nuclear Power Plant, buried under the Hudson River is just such a bad idea. Actually, it is far worse than a bad idea, it is asking for a Double Whammy disaster of Biblical Proportions, that will cost hundreds of thousands, even millions of injured or dead people, and create damages running into the hundreds of Billions of dollars...even scarier, because Federal Law exempts Nuclear Power Plants from carrying adequate accident insurance, while at the same time denying citizens having nuclear accident insurance which would mean hundreds of thousands of people could lose their most valuable asset, their homes with no legal recourse.
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