Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, March 14, 2013

A Nuclear Accident Could Cost Trillions of Dollars and Bankrupt Us

A Nuclear Accident Could Cost Trillions of Dollars and Bankrupt Us

Socialism for the Rich … But Taxpayers Eat the Losses

We’ve reported for years that – according to government reports and mainstream media – a nuclear catastrophe could cost ten trillion dollars or more (many times more than the insurance which nuclear power operators are required to carry) … and could even bankrupt a country.
For example, Fukushima could cost 10 trillion dollars to clean up … which could bankrupt Japan.http://www.washingtonsblog.com/2013/03/a-nuclear-accident-could-cost-trillions-of-dollars-and-bankrupt-us.html

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