Robert X Cringely Predicts More Mininuke Plants
LandGator writes "PC pundit Robert X Cringely had a life before writing 'Triumph of the Nerds' for PBS: He covered the atomics industry and reported on Three Mile Island. In this blog post, he analyzes the Fukushima reactor failures, and suggests the end result will be a rapid growth in small, sealed 'package' nuclear reactors such as the Toshiba 4S generator considered for Galena, Alaska. He thinks Japan may have little choice, and with rolling blackouts scheduled, he may be right."
The only loss experienced by corporations will be lost opportunities. If you actually bother to look at how the nuclear industry is subsidised, you'll see that in every country the risk is underwritten by the state. In the event of a massive catastrophe, all the company loses is the capital invested in the plant, the state is left cleaning up for potentially hundreds of years.
There's no way you could make nuclear power companies liable for the cost of cleanup in the event of catastrophic meltdown. That would require them to put extraordinary amounts of capital into escrow - hundreds if not thousands of times the cost of the plant - and would mean nuclear power would become economically unviable. Even if you mandated insurance, who would underwrite it? The payout in the event of a serious meltdown would cause a meltdown in the insurance sector and.
Financial service companies were dumb enough to play hot potato with sub-prime mortgages, but even they're not dumb enough to underwrite the risk of nuclear power.
Nick
I'm pro-nuclear but i'm sick of this downplaying bullshit. Reactors that require actively powered safety systems ARE flawed.
This entire crises we have had absolute dickheads claiming that the radiation levels are safe at a time when people in the immediate vicinity are being encouraged to evacuate by the authorities. There is a radiation leak. This is a fact. Up to 400mSv/h near the reactor has been confirmed (noticable radiation sickness will happen at 800 and above, but 400 is still very, very dangerous). People need to be acknowledging that fact. Much smaller than Chernobyl but there's no reason to downplay it. There are some heroes right now working in the irradiated zone trying to keep things under control. There are people in the immediate area who should leave for the next few days.
Assholes like the guy who wrote the following "even if you were standing at the top of the cooling tower you would be fine" and "fukushima is currently safe and will stay safe" should be sent to help maintain the reactors without any protective suit. Link: http://bravenewclimate.com/2011/03/13/fukushima-simple-explanation/
Enough with the downplaying. The design WAS flawed. People ARE risking their lives to contain it. We should learn from this.