Centro de Documentacion de Fundación MAPFRE - A European nuclear accident pool

Notes: Sumario: The compensation to victims of nuclear accidents is based on a Paris (OECD) and a Vienna (UN) convention. A problem with the system is that a strictly liable, but insolvent or uninsured plant owner leaves victims without compensation. In this paper, it is argued that a system could be better organised by, for example, the European Union (EU). A State that permits a nuclear reactor on its territory should be strictly liable. Benefits are: (i) States are able to compensate large damages; (ii) theory suggests that stepwise modified risk-sharing could be made beneficial for risk-averse States; (iii) the EU can enforce sharing agreements by Member States; (iv) a State can limit its financial burden by redressing some liability to the domestic nuclear industry. The incentive created hereby, as well as regulations on location and safety may prevent accidents. A European nuclear accident pool will have a collective interest in accident preventionRelated records: En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/04/2008 Tomo 33 Número 2 - 2008, p. 274-287Materia / lugar / evento: Riesgo nuclear Instalaciones nucleares Prevención de accidentes Seguro de responsabilidad civil por riesgos nucleares Unión Europea Other categories: 328.3

Rights: In Copyright (InC)

‌ See issue detail