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Atom industry body urges cost-effective safety | Reuters

(Reuters) - Steps to boost atomic safety after Japan's Fukushima accident must be "cost-effective," an industry body said on Tuesday, a day after the UN nuclear chief suggested power firms could help pay for expanded safety checks.

John Ritch, director general of the World Nuclear Association, said the industry had been struggling in the last decade to limit capital costs while building a new generation of reactors.

"In this context, it is crucially important that regulatory actions taken in response to Fukushima have demonstrable benefit arising from any increased costs," he told a major international safety conference, according to a copy of his speech.

"Focus solely on cost-effective measures," he said.



Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Tue Jun 21st, 2011 at 11:02:46 AM EST
This open-ness is breathtaking...

*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Tue Jun 21st, 2011 at 03:19:13 PM EST
[ Parent ]
Consider the cost to TEPCO of the Fukushima disaster. Determine a percentage probability of that occurring (in light of actual experience, rather than wishful thinking), probably between 1% and 10% for recent reactors, significantly higher for older ones.

Steps to boost atomic safety should be considered cost-effective up to that, exceedingly high, threshold.

Of course, your nuclear power is no longer cost-effective in that context.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Jun 27th, 2011 at 09:08:08 AM EST
[ Parent ]

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