Dozen Nuclear Plants In Hurricane Sandy’s Path, Brace for Impact, page 1


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reply posted on 28-10-2012 @ 11:44 PM by JeZeus
Originally posted by IsawWHATtheyDID
a hurricane would be a great way to cover an existing problem. kinda like how fukushima was blamed on a tsunami. i wonder if nuke reactors are covered by insurance for "natural" disasters?


en.wikipedia.org...

" InsuranceGlobally nuclear liability risks resulting accidents are largely covered by the state, with only a small part of the risk carried by the private insurance industry. Worst case nuclear incident costs are so large that it would be difficult for the private insurance industry to carry the size of the risk, and the premium cost of full insurance would make nuclear energy uneconomic.[47] However these insurance costs for worst case scenarios, are not unusual to Nuclear power, as Hydroelectric power plants are similarly not fully insured against a catastrophic event such as the Banqiao Dam disaster, were 11 million people lost their homes and from 30,000 to 200,000 people died, or large Dam failures in general.[48] As private Insurers base Dam insurance premiums off of worst case scenarios, insurance in this sector, if there is a major disaster, is likewise provided by the state.[48] Furthermore Germany does not operate any Chernobyl type Nuclear reactors,[49] making an insurance calcuation based on the worse case scenario in a reactor it does not use, dubious at best.[50] Also of note is that the Insurance company did not look at the insurance savings if more modern reactors, such as those that operated as designed, and safely shut down in Japan following the Earthquake and Tsunami at the Fukushima Daini Nuclear Power Plant, replaced older reactors, such as those used 10 km away in the stricken Fukushima Daiichi Nuclear Power Plant." ....

Hhhhmmmmm


reply posted on 28-10-2012 @ 11:52 PM by IsawWHATtheyDID
Originally posted by JeZeus
Originally posted by IsawWHATtheyDID
a hurricane would be a great way to cover an existing problem. kinda like how fukushima was blamed on a tsunami. i wonder if nuke reactors are covered by insurance for "natural" disasters?


en.wikipedia.org...

" InsuranceGlobally nuclear liability risks resulting accidents are largely covered by the state, with only a small part of the risk carried by the private insurance industry. Worst case nuclear incident costs are so large that it would be difficult for the private insurance industry to carry the size of the risk, and the premium cost of full insurance would make nuclear energy uneconomic.[47] However these insurance costs for worst case scenarios, are not unusual to Nuclear power, as Hydroelectric power plants are similarly not fully insured against a catastrophic event such as the Banqiao Dam disaster, were 11 million people lost their homes and from 30,000 to 200,000 people died, or large Dam failures in general.[48] As private Insurers base Dam insurance premiums off of worst case scenarios, insurance in this sector, if there is a major disaster, is likewise provided by the state.[48] Furthermore Germany does not operate any Chernobyl type Nuclear reactors,[49] making an insurance calcuation based on the worse case scenario in a reactor it does not use, dubious at best.[50] Also of note is that the Insurance company did not look at the insurance savings if more modern reactors, such as those that operated as designed, and safely shut down in Japan following the Earthquake and Tsunami at the Fukushima Daini Nuclear Power Plant, replaced older reactors, such as those used 10 km away in the stricken Fukushima Daiichi Nuclear Power Plant." ....

Hhhhmmmmm
thanks, so does this mean that the state would have to pay out any damages to the nuke plants? ive read your post a couple of times and that is my take. thanks again
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