Stories That Matter- Simple and Informative

5th June, World Environment Day, lessons to be learned from Chernobyl  and Fukushima  nuclear disasters. "Earth provides enough to satisfy every man's needs, but not every man's greed."- Gandhi Nuclear power plants can catastrophically fail, causing vast human and environmental damage. The corporations that run the power plants, however, are protected from catastrophic economic failure by government limits on liability, which shifts the economic burden to the public. If the corporations that own nuclear power plants had to bear the burden of potential financial losses in the event of a catastrophic accident, they would not build the plants because they know the risks are unacceptable. It is government liability limits, such as the Price-Anderson Act in the US, that make nuclear power plants possible, leaving the taxpayers responsible for the overwhelming monetary costs of nuclear industry failures. No other private industry is given such liability protection. Nuclear ...