Capping Environmental Liability: The Case of North American Nuclear Power

Anthony Heyes and Catherine Liston-Heyes
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Catherine Liston-Heyes: London University

The Geneva Papers on Risk and Insurance - Issues and Practice, 2000, vol. 25, issue 2, 196-202

Abstract: The liability of operators of nuclear power stations for off-site damage done by accidents is capped by the Price-Anderson Act in the U.S. and the Nuclear Liability Act in Canada. Such capping constitutes a subsidy to nuclear vis-á-vis other sources of energy. We report the results of analyses aimed to estimate the size of that implicit subsidy. The Geneva Papers on Risk and Insurance (2000) 25, 196–202. doi:10.1111/1468-0440.00059

Date: 2000
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