The mothballed nuclear power plant allegedly poses substantial safety issues if rehabilitated and used. But some others see economic gains if the cost of producing electricity is lower than that of alternative plants. Presumably, “cost” here includes that of ensuring safety. And it is not at all clear how we can minimize the cost of safety.
How then to settle the debate?
By way of the Freakonomics blog comes a possible solution: Let those who will profit from the opening of the nuclear plant live within a short distance of it. This should include the government officials who approve the permits, and the corporation officers responsible for operating the plant. If there are takers of this solution, then those who now “cry wolf” over the safety issue should subsidize the cost of electricity. Just some thoughts.