> Lets remove the Price Anderson Act so they have to pay the true cost for their risk?
Yeah. The costs and benefits should be born by the capital owner. The issue is that if you want to force them to pay for a cost externality that should be balanced out by considering the benefit eternalities. For nuclear power? if the world was fair they'd get a much bigger net subsidy. The risks of nuclear power going critical are far smaller than the benefits from not having to use coal for example.
I forget what a life saved is worth in engineering terms. Something like 1 or 10 million per capita I think. $200 billion in cleanup only needs to save ~200-2,000 lives to be justified.
> Many of the "defense in depth" layers had been accidentally removed through freak occurrences and upgrades.
Things like pipes being cracked, for example? That is the issue here to me, this is part of a system of defences where it is anticipated that some of them won't be working. No one defence being broken should be a crisis.
I'm cool with the idea that they should fix their pipe. I'm not cool with it being treated like a big deal without pretty solid evidence that the deal is big.
Yeah. The costs and benefits should be born by the capital owner. The issue is that if you want to force them to pay for a cost externality that should be balanced out by considering the benefit eternalities. For nuclear power? if the world was fair they'd get a much bigger net subsidy. The risks of nuclear power going critical are far smaller than the benefits from not having to use coal for example.
I forget what a life saved is worth in engineering terms. Something like 1 or 10 million per capita I think. $200 billion in cleanup only needs to save ~200-2,000 lives to be justified.
> Many of the "defense in depth" layers had been accidentally removed through freak occurrences and upgrades.
Things like pipes being cracked, for example? That is the issue here to me, this is part of a system of defences where it is anticipated that some of them won't be working. No one defence being broken should be a crisis.
I'm cool with the idea that they should fix their pipe. I'm not cool with it being treated like a big deal without pretty solid evidence that the deal is big.