It’s telling that the insurance industry won’t touch nuclear projects unless governments cap their liability. In Canada, the cap is now $650 million on disasters that can cost many billions of dollars to battle, excluding long-term economic impacts. Taxpayers, of course, cover the rest. Without such caps, the industry argues the cost of insurance would simply be too high.
John Farrell directs the Energy Democracy initiative at the Institute for Local Self-Reliance and he develops tools that allow communities to take charge of their energy future, and pursue the maximum economic benefits of the transition to 100% renewable power.
Latest posts from John
- The Environment, The Economy, and Equity – Episode 83 of Local Energy Rules Podcast - August 14, 2019
- Voices of 100%: Youth Push Small Minnesota Town to Act on Changing Climate and Invest in Local, Renewable Energy — Episode 76 of Local Energy Rules Podcast - August 13, 2019
- Voices of 100%: Cleveland Commits to Clean and Equitable Energy – Episode 82 of Local Energy Rules Podcast - July 31, 2019