nuclear-news

“There are many forms of government subsidization of the nuclear power industry. These subsidies include the sponsorship of research, enrichment of fuels, and disposal of nuclear wastes… the one government-furnished privilege that the nuclear industry could find it hardest to live without is the Price-Anderson Act’s limitation on a nuclear power plant’s liability in case of an accident“. (Barry Brownstein for the CATO Institute 1984 – see more below)

Home insurance won’t pay in the event of a nuclear accident. Imagine the sort of surprise flooding that Louisiana just suffered, in conjunction with a nuclear disaster. The aftermath of the Fukushima nuclear accident offers a glimpse into disasters which may happen at any moment – most likely in North America or Europe, simply because there are more nuclear reactors operating there.

Waterford Nuclear Power Station sits behind an earthen dam (levee) in the direction that the Mississippi…