QuantumPion
Science Advisor
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jadair1 said:Very good points about all energy soures being subsidized.
I don't think the storage and decommissioning costs are fully accounted for, yes in the design stage they are accounted for but I think the real cost are vastly understated. No different from the enviromental damage done by Fracking, deep water drilling , see BP Deewater Horizon, the tar sands or other mining operations.
The real costs are passed on to future taxpayers.
Is it possible that the cost to clean up Fukushima will be greater than all the income generated by all the NPP's in Japan combined?
I am hearing that no insurers /reinsures will underwrite new Plants without liability restrictions.
If Tepco had to pay for all the costs post Fukushima they would be completely bankrupt.
Storage and decommissioning costs are fully accounted for, by law, into a fund paid for by the plant owner. The costs are paid for by electricity customers and company investors, as is the case with all other power sources. Surely you don't believe the enormous subsidies granted to wind and solar (in terms of dollars AND favorable regulations) are not eventually borne out by the public as well?