Repeal Guarantees for Nuclear Power Facilities

[Guest guest]

Hi,

No rational busness will cover the risk of damages from a nuclear

accident.In turn ,no insurance company will underwrite full coverage against

damages from a nuclear power accident. Therefore in 1957 Congress passed the

Price- Act that limited the financial liability of operators and

insurance companies from a nuclear accident.

The Nuclear Regulatory Commission is not a truly objective regulator of the

nuclear industry.

They will do what they can to keep the industry going regardless of the

circumstances.

And even if they did want to close a plant,the President would fire them

and replace them with pro-nuclear appointees. I personally feel Obama will

not ever favor repeal and a 2/3 majority in both houses will be needed at

this point. If we get a majority in congress he may be forced to at least

seriously address the issue. Once the liability guarantees are repealed this

uneconomic industry will collapse.

So I created a petition to The United States House of Representatives, The

United States Senate and President Barack Obama, which says: " The

Price- Act of 1957, limiting the financial liability of an operator

and/or

insurer of a Nuclear Power Facility is Hereby repealed. " Will you sign this

petition? Click here:

http://signon.org/sign/repeal-nuclear-power?source=c.em.mt & r_by=207854 Thanks!

Arnold Gore