Saturday, May 05, 2012

No Nuclear Flash

Japan's power industry shut down all nuclear generators today for the first time since May 1970. Fukushima's disasters have raised awareness of many ongoing dangers. Let's hope the industry does not recover, and Japan's 50 nuclear reactors stay shut down.

Nuclear power generation is built on lies! True costs are not covered by producers, operating under strictly limited liability. Dividends should never be paid until all nuclear waste is safe & disposed of securely.

Dividends paid by TEPCO (Tokyo Electric Power Company) before the 11 March 2011 Fukushima meltdowns should be clawed back. The public needs compensation for huge involuntary subsidies and recovery efforts subsequent to the disasters.

In a major nuclear accident your property values might drop to zero. You can be forced to leave your home, and (as in Japan) whole towns & cities may be emptied. You could enjoy miserable lingering decline & death from radiation poisoning. Nuclear promoters can melt away with no responsibility. Why do we grant them limited liability?

The downsides to wind power, or geothermal, are very mild in comparison. Nuclear energy has been shoved down the throats of the public. The blunders in Japan highlights a need to stop all nuclear plants worldwide. None are properly funded. The potential for disaster is too high. Whole regions have been destroyed for generations, while operators wash their hands with limited liability and "so sorry"....