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Robert Hargraves's avatar

Tort law is the BIG problem, for both agriculture and nuclear power.

Roundup litigation awards are $11 billion so far, with 61,000 cases pending. No harm has been shown, only a failure to warn. Private insurance can not backstop $200 billion of inflated liability for a nuclear power accident.

Since the US tort law system is so outrageous, the Price Anderson Act caps liability. Each US power plant reactor buys $500 million of private insurance and also participates in a $16 billion liability pool for an accident at any of the other 94 reactors.

If the future US builds a thousand nuclear power reactors there will be accidents with radiation releases. Perfection is impossible. Radiation harm to health will be very unlikely, as shown at Fukushima, where sheltering in place would have saved 2,000 lives of needlessly evacuated citizens. To provide low-cost, ample nuclear power we must educate citizens and legislators about radiation effects and limit compensation to real harm.

https://lnkd.in/etQcvtnv

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