Japanese nuclear emergency now catastrophic
I’ve written about why nuclear energy is not appropriate for Australia.
Nuclear energy is unsafe. It turns already dangerous, stressful disasters into atomic catastrophes.
We are now learning just how catastrophic.
Food exports could be halted from areas near the Fukishima nuclear plant if tests find further contamination. The tainted milk was found 30km from the plant.
It now transpires that the nuclear plant and nearby property will not be insured.
The reinsurance giant noted that the coverage for nuclear facilities in Japan excludes earthquake shock, fire following earthquake and tsunami, both in terms of physical damage and liability. Coverage for property policies excludes nuclear contamination.
Insurance companies insure almost anything. But not nuclear power plants or nuclear accidents.