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Finishline42

(1,161 posts)
1. RE: nuclear energy
Wed Nov 24, 2021, 03:32 AM
Nov 2021

remind me again - who is on the line for a major loss at a nuclear plant?

When a bean counter at a mid-level or lower utility cuts cost (qualified work force or scheduled maintenance) and there is just a Three Mile Island level 'accident', who picks up the clean up costs? Yep, we do. It's the epitome of privatize profits and socialize the liabilities.

It's the major negotiation point of building a new nuclear power plant - who picks up the catastrophic insurance.

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