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Subsidy To Nuclear Power Through Price‐Anderson Liability Limit: Comment

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  • ANTHONY G. HEYES
  • CATHERINE LISTON‐HEYES

Abstract

Dubin and Rothwell (1990) use details of insurance premiums to develop a methodology for inferring the value to nuclear operators of the Price‐Anderson liability limit from but misinterpret the terms of the insurance contracts for which the premiums are paid. This leads them to overstate the subsidy due to the limit by a factor of between four and ten.

Suggested Citation

  • Anthony G. Heyes & Catherine Liston‐Heyes, 1998. "Subsidy To Nuclear Power Through Price‐Anderson Liability Limit: Comment," Contemporary Economic Policy, Western Economic Association International, vol. 16(1), pages 122-124, January.
    • Handle: RePEc:bla:coecpo:v:16:y:1998:i:1:p:122-124
    DOI: 10.1111/j.1465-7287.1998.tb00506.x
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    References listed on IDEAS

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    1. Jeffrey A. Dubin & Geoffrey S. Rothwell, 1990. "Subsidy To Nuclear Power Through Price‐Anderson Liability Limit," Contemporary Economic Policy, Western Economic Association International, vol. 8(3), pages 73-79, July.
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    Cited by:

    1. Michael Faure & Karine Fiore, 2008. "The civil liability of European nuclear operators: which coverage for the new 2004 Protocols? Evidence from France," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 8(3), pages 227-248, September.
    2. Joshua Pearce, 2009. "Increasing PV Velocity by Reinvesting the Nuclear Energy Insurance Subsidy into Large Scale Solar Photovoltaic Production," Post-Print hal-02120510, HAL.
    3. Zelenika-Zovko, I. & Pearce, J.M., 2011. "Diverting indirect subsidies from the nuclear industry to the photovoltaic industry: Energy and financial returns," Energy Policy, Elsevier, vol. 39(5), pages 2626-2632, May.
    4. Ahmad, Ali & Ramana, M.V., 2014. "Too costly to matter: Economics of nuclear power for Saudi Arabia," Energy, Elsevier, vol. 69(C), pages 682-694.
    5. Michael Faure & Karine Fiore, 2005. "An Economic Analysis of the French Nuclear Liability Subsidy," CAE Working Papers 35, Aix-Marseille Université, CERGAM.
    6. John J. Laureto & Joshua M. Pearce, 2016. "Nuclear Insurance Subsidies Cost from Post-Fukushima Accounting Based on Media Sources," Sustainability, MDPI, vol. 8(12), pages 1-16, December.

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