The Price-Anderson Nuclear Industries Indemnity Act exists precisely because sophisticated private insurers run a mile from fully insuring against these dangers.
Until the subsidy is repealed and taxpayers stops insuring it, the industry's frequent claims of its own safety ring kind of hollow.
It's particularly galling to see them cynically demand that safety regulations be watered down to bring down costs while the act still exists. Imagine if we made taxpayers responsible for cleaning up oil spills.
In the past we have accepted this socialized cost as a requirement for a world fueled by fossil fuels, which of course will change as we transition away.
