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Japan has nuclear liability caps much higher than those in Canada. Under the Law on Compensation for Nuclear Damage, plant operator liability is exclusive and absolute, and power plant operators must provide a ‘financial security amount’ of ¥120 billion ($1.2 billion), 16 times the Canadian limit.
JapanEnvironment
Japan has nuclear liability caps much higher than those in
Canada. Under the Law on Compensation for Nuclear Damage,
plant operator liability is exclusive and absolute, and power plant
operators must provide a 'financial security amount' of
¥120 billion ($1.2 billion), 16 times the Canadian limit. (This
limit was doubled January 1, 2010.) Beyond that, the government
provides coverage, and liability is unlimited. However, the
deadline for having insurance for this amount does not come until
2019. More details at World Nuclear News.
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guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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