“Costs of nuclear disaster exceed international limit of liability hundred- to thousandfold”

Insurance protection for nuclear power plants in Germany’s neighbouring countries is insufficient for covering the costs of a major nuclear disaster, environmental organisation Greenpeace Energy has said in a press release. “Under prevailing legal norms, victims would have to shoulder the majority of costs themselves,” Greenpeace Energy said. Costs for mitigating the consequences of a nuclear disaster would reach up to 430 billion euros, while the compulsory cover in most European countries was capped somewhere between 380 million and one billion euros, according to a study commissioned by Greenpeace Energy.

Find the press release in German here and the study by Green Budget Germany in German here. 

Find background in the CLEW dossier The challenges of Germany’s nuclear phase-out.