Ontario's power glut means possible nuclear plant shutdowns

[PamW]

23. Price-Anderson again

This is another place the anti-nukes get their figures for huge "subsidies" by the Government is because of Price-Anderson.

The sky is the limit for their "estimates" of what they call a subsidy in the name of Price-Anderson.

The problem is it is just NOT TRUE. There has NEVER been a payout by the Government under Price-Anderson.
Even the Three Mile Island accident was ENTIRELY covered by the commercial insurers. The liability cost of TMI
was only a few 10s of millions to pay for the hotels and expenses of the evacuated population.

There was NEVER a payout for health liability because that case was DISMISSED by the Federal Judge:

http://www.pbs.org/wgbh/pages/frontline/shows/reaction/readings/tmi.html

As is clear from the preceding discussion, the discrepancies between Defendants, proffer of evidence and that put forth by Plaintiffs in both volume and complexity are vast. The paucity of proof alleged in support of Plaintiffs, case is manifest. The court has searched the record for any and all evidence which construed in a light most favorable to Plaintiffs creates a genuine issue of material fact warranting submission of their claims to a jury. This effort has been in vain.


Additionally, even if the Government pays out under Price-Anderson; it gets REIMBURSED by the nuclear industry:

http://en.wikipedia.org/wiki/Price%E2%80%93Anderson_Nuclear_Industries_Indemnity_Act

The Act establishes a no fault insurance-type system in which the first approximately $12.6 billion (as of 2011) is industry-funded as described in the Act....

Some "subsidy" when you have to reimburse the Government.

PamW