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Nuclear core melts with large emissions of radioactive substances are not paid for by nuclear power companies but by the victims and by taxpayers. This subsidy is often the result of legislation with that purpose. Experience shows that the relative frequency of such accidents is several orders of magnitude larger that the risk estimates publicised by the nuclear industry and nuclear proponents. This chapter describes the how the problem was created in order to make the nuclear development economically possible. In the end, it is described how a market may be created based on compulsory paying capacity, possibly provided via catastrophe bonds that would internalise many costs of accidents. At the same time, such regulations would provide a market evaluation, by responsible actors, of the nuclear risk costs.
Tomas Kåberger. Economic Management of Future Nuclear Accidents. Energiepolitik und Klimaschutz. Energy Policy and Climate Protection 2019, 211 -220.
AMA StyleTomas Kåberger. Economic Management of Future Nuclear Accidents. Energiepolitik und Klimaschutz. Energy Policy and Climate Protection. 2019; ():211-220.
Chicago/Turabian StyleTomas Kåberger. 2019. "Economic Management of Future Nuclear Accidents." Energiepolitik und Klimaschutz. Energy Policy and Climate Protection , no. : 211-220.
The governance and management of radioactive waste in Sweden is often seen as a model for the world. Since the 1980s, the radioactive waste company SKB, which is owned by the Swedish nuclear operators and is legally responsible for radioactive management, has internationally encouraged the idea that Sweden “has solved the radioactive waste problem”. The government has generally been pleased with this situation and has for many years presented the Swedish legislation as a governance model for other nations to follow.
Tomas Kåberger; Johan Swahn. Model or Muddle? Nuclear Waste Governance 2015, 203 -225.
AMA StyleTomas Kåberger, Johan Swahn. Model or Muddle? Nuclear Waste Governance. 2015; ():203-225.
Chicago/Turabian StyleTomas Kåberger; Johan Swahn. 2015. "Model or Muddle?" Nuclear Waste Governance , no. : 203-225.