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Capping Environmental Liability: The Case of North American Nuclear Power

Author

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  • Anthony Heyes

    (London University)

  • Catherine Liston-Heyes

    (London University)

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

Suggested Citation

  • Anthony Heyes & Catherine Liston-Heyes, 2000. "Capping Environmental Liability: The Case of North American Nuclear Power," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 25(2), pages 196-202, April.
  • Handle: RePEc:pal:gpprii:v:25:y:2000:i:2:p:196-202
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    Cited by:

    1. Gérard Mondello, 2011. "Civil Liability, Safety and Nuclear Parks: Is Concentrated Management Better?," Working Papers 2011.34, Fondazione Eni Enrico Mattei.
    2. Mondello, Gérard, 2015. "Splitting nuclear parks or not? The third party liability role," Energy Economics, Elsevier, vol. 51(C), pages 553-559.

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