Researchers calculate social cost of German nuclear phase-out at $12B/year; 70% from increased mortality risk
Green Car Congress
JANUARY 27, 2020
In a working paper for the National Bureau of Economic Research (NBER), a team from UC Berkeley, UC Santa Barbara and Carnegie Mellon University (CMU) calculate that the social cost of the phase out of nuclear electricity production in Germany is approximately $12 billion per year. The decision to phase-out nuclear production in many countries seems to suggest that the expected costs of nuclear power exceed the benefits.