Don’t nuke green energy:

Page - November 16, 2009

Towards full liability for nuclear power plant operators

A new report commissioned by Greenpeace analyses the Harper government's proposed Nuclear Liability and Compensation Act (NLCA) and shows how the legislation would significantly short change Canadians on compensation in the event of a serious nuclear accident.

The report documents how the Harper government's proposed legislation would, if passed, artificially cap the liability of a nuclear operator for accidents at $650 million - a miniscule fraction of the likely actual cost of a nuclear disaster.  This cap on liability represents a hidden subsidy for nuclear power, a massive unaccounted liability for the Canadian tax-payer and creates an unfair playing field for safer green energy technologies.  

The nuclear industry claims its reactors are safe, but it withholds information on reactor accident risks while requiring this special favour from the federal government to do business - a law protecting nuclear operators from paying the realistic costs of compensation for victims of a nuclear accident.    

Protecting the nuclear industry, not Canadians

The Harper government's proposed cap on the liability of the nuclear industry would mean that Canadian victims of a nuclear accident would receive significantly less industry compensation than citizens in other western countries.  

  • American victims of nuclear accidents can count on over $10 billion in industry compensation.
  • Members of the Paris Convention - most of Western Europe - require that nuclear operators have at least $1.2 billion (€700 million) in insurance to compensate victims.
  • Germany has no limit on the liability limit of nuclear operators and requires nuclear operators to have €2.5 billion in financial security to compensate victims in case of an accident.
  • Japan requires nuclear operators make available $1.2 billion to compensate victims of nuclear accidents
  • Sweden is proposing to nuclear operators guarantee at least €1.2 billion in compensation with no cap on their liability.

Harper's Hidden Tax-Payer Liability

The NLCA would expose the federal taxpayer to billions in possible liabilities by shifting the responsibility for cleaning up after nuclear accident from reactor operators to the federal government.  Any damages incurred beyond the liability cap of $650 million would be paid by the federal taxpayer.  

  • Industry studies show that the just the health costs for a catastrophic accident at the Pickering B nuclear station just east of Toronto would exceed $52 billion.  A similar accident at the Bruce A nuclear station on Lake Huron would cost $49 billion in health costs.
  • A smaller scale accident at the Pickering B nuclear station considered "credible" by the nuclear industry and its regulators would cause $1.2 billion in health cost damages alone.
  • Government studies regarding the impacts of nuclear terrorism contract the government's claim that the $650 million cap is adequate.  A federal government study on the economic impacts of a dirty bomb spreading a limited amount of radioactive material by CN Tower estimated costs of clean up at $28 billion.
  • The Harper government has failed to carry out and release any studies to tell Canadians how large this tax-payer liability or how it could be reduced or eliminated.

The nuclear industry doesn't trust its safety: Why should the public?  

The industry's desire for special protection Act shows the private lenders, insurers and even reactor vendors lack confidence in safety of Canada's nuclear reactors.   

  • Special protection for the nuclear industry began in the 1950s because American nuclear reactor designers feared being sued for catastrophic damages caused if one their reactors had an accident.  The insurance industry refused to fully insure the nuclear industry so governments stepped in to protect nuclear operators and vendors.
  • Before they occurred, the nuclear industry and its regulators claimed that the nuclear accidents at Three Mile Island and Chernobyl could not happen.  Following the accidents nuclear regulators sought to downplay the potential for future accidents by withholding information on accident risks instead of requiring existing plants be able to withstand a full range of realistic events.
  • All current and proposed reactor designs in Canada contain fundamental design flaws that leave them vulnerable to catastrophic radiation releases following an accident or terrorist attack.
  • The Harper government fired the president of Canada's nuclear safety regulator after she imposed modernized international standards on Atomic Energy of Canada Limited (AECL) reactors.

Don't nuke green energy!

Canada has committed to implement the polluter pays principal and require polluters to pay all the clean up costs of their own pollution.  The NLCA breaks this principal and requires Canadians to pay for the nuclear industry's pollution.  This hidden subsidy pushes cleaner, safer and more cost-effective green energy options out of the electricity markets.  

  • The hidden subsidy to nuclear operators would range from 5.4 to 11.0 c/kWh.
  • Based on the electricity output of Canada's reactors in 2007, the NLCA would provide an implicit subsidy to nuclear operators of $4.8 to 9.7 billion.
  • Unlike the nuclear operators, renewable energy and clean energy operators pay their own insurance.
  • Despite receiving billions in direct and hidden subsidies like the NLCA over the past 50 years, the nuclear industry has failed to lower its costs while green energy sources have innovated and become cost-competitive.  

What does Greenpeace want?

  • A level playing field for green energy.  Reactor operators must be required to assume responsibility for the risks they impose on society just like green energy operators.
  • Canadian victims of nuclear accidents deserve to be compensated by the nuclear industry at minimum on a level on par with other Western countries.
  • All subsidies to the nuclear industry need to be publicly reported.