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Price-Anderson Act

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Price-Anderson Act
Legislation in the United States seeking to incentivize nuclear power by limiting the liability of nuclear plants in the event of an accident. Under the Act, the nuclear power industry is responsible for the first $10 billion of damages resulting from a spill or other accident, while the federal government is responsible for any losses exceeding that amount. It was passed in 1957 and has been renewed several times since.
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Much of that is due to the structure of the 51-year-old Price-Anderson Act, the federal law governing liability for the U.
Insurance key to nuclear growth by Lehmann, R.J. / Best's Review
DOE nuclear workers are protected under the Price-Anderson Act.
Energy Dept. contractors get new safety rule by Set-Aside Alert
It has been estimated that if TMI had blown into a full scale nuclear disaster, insurance arrangements under the US Price-Anderson Act ( in effect a cap on claims ( would have seen the average family getting three cents for every dollar loss.
Grand Central may have plans, but it hasn't any trains by The Journal (Newcastle, England)
 
 
 
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