Saturday, May 27, 2017

Ralph Nader's Libertarian Argument Against Nuclear Power

"The U.S. Nuclear Regulatory Commission (NRC) relied on faulty analysis to justify its refusal to adopt a critical measure for protecting Americans from the occurrence of a catastrophic nuclear-waste fire at any one of dozens of reactor sites around the country, according to an article in the May 26 issue of Science magazine" — US nuclear regulators greatly underestimate potential for nuclear disaster.

Cue the man who got my vote in '08, Old Right Nader, who made the case that such nonsense is impossible in a free economy, quoted in an old post of mine — Atomic Corporate Socialism — as observing that "the atomic power industry does not give up... as long as Uncle Sam can be dragooned to be its subsidizing, immunizing partner." He continued:
    For sheer brazenness, ... the atomic power lobbyists know few peers. They remember, as the previous Atomic Energy Commission told them decades ago, that one significant meltdown could contaminate “an area the size of Pennsylvania.”

    They know that no insurance companies will insure them at any price, which is why the Price-Anderson Act hugely limits nuclear plants’ liability in case of massive damages to people, property, land and water.

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