Antinuclear

Australian news, and some related international items

Pro nuclear marketers don’t want to understand Risk Management

This guy, Patrick Mckenzie, doesn’t seem to have any clue about Risk Management.  In risk management you weigh up 2 things:

1. the probability of an accident

2 the likely consequences of the accident

In the case of nuclear power, the probability of an accident is very slight, but the likely consequences are huge.  That is why insurance companies will not insure nuclear plants.

Let’s keep the Japanese earthquake in perspective, The Age, Patrick McKenzieMarch 16, 2011 “…..There is a lot of panicked reporting about the problems with Tokyo Electric’s nuclear power generation plants in Fukushima……The tremendous public unease over nuclear power shouldn’t be allowed to overpower the conclusion: nuclear energy, in all the years leading to the crisis and continuing during it, is absurdly safe.


 

March 17, 2011 - Posted by | AUSTRALIA - NATIONAL, marketing for nuclear

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