Russia Unveils Detailed Plans To Build 21 New Nuclear Power Units By 2030

[Kelvin Mace]

104. I am talking reality, not the law

The laws says all sorts of nice things. For example, the law says it is illegal to torture people. We torture people, and just don't call it torture. The law is for little people, like you and I, not for corporations. Seen anyone prosecuted for the massive fraud that caused the 2nd Great Depression in 2007?

If you had a Fukushima-type disaster in the U.S. the utility company can declare bankruptcy and that's the end of that. The law may say that a utility company can't walk away and stick the tax payer with the bill, but they can. If the cleanup costs exceed the value of the company, then game over and the government (tax payer)is on the hook. Even if the company has more than enough money to cover the expense, it will litigate its way out of paying (see my example of the Exxon Valdez in the previous post).

Again, I trust engineers to design safer reactors, but not corporations to build and operate them without problems. There are WAY too many examples of corporations putting profit over safety. Ask the residents of Bhopal if you require an example.