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Originally Posted by capt chill
Again we the people accept this stuff, we allow it by buying homes that we know are built way to close to these plants. If they were so safe you would be able to buy insurance if something happened. YOU CAN'T!
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Exactly right. Nuclear is inherently dangerous and humans are inherently incapable of maintaining long-term vigilance in supervising such technologies. The probability of nuclear disaster is small in any given year, but the consequences of an accident are huge. Risk= probability X magnitude of consequences. But people have short attention spans so we tend to underestimate the risk.
Bottom line: The Price-Anderson Act gives power companies immunity for damages caused by nuclear accidents. I will believe Sharon Harris is safe and affordable when Progressive Energy buys insurance to cover the risk and adds that cost to its rate base. Immunity for damages represents a HUGE government subsidy to an industry that couldn't exist in a competitive free market.