"...the state taking over the plant and then attaching a 3 percent surcharge to Long Island electric bills for 30 years to pay off the $6 billion price tag"
"Had the Shoreham Nuclear Power Station gone into operation as planned, it would have prevented the emission of an estimated three million tons of carbon dioxide per year"
Kind of wonder what the plan they tried to get people to sign onto and failed would've been:
> LILCO's problems were compounded by NRC rules in the wake of Three Mile Island, requiring that operators of nuclear plants work out evacuation plans in cooperation with state and local governments. This prompted local politicians to join the growing opposition to the plant. Since any land evacuation off the island would involve traveling at least 60 miles (97 km) back through New York City to reach its bridges, local officials feared that the island could not be safely evacuated.[3]
There are currently 1.5M people in Suffolk County today, and millions more in adjoining areas. If that were a peacetime evacuation that would be one of the largest in history.
Normally nuclear accidents lead to a much more significant destruction of property value, vs. actual loss of life- but on Long Island?
Forgetting that for a moment: Fukushima cleanup is estimated to cost $470 to $660 billion (https://en.wikipedia.org/wiki/Fukushima_disaster_cleanup). Just the aggregate single family home total property value (Suffolk and Nassau) is something like $650 billion (median times number of homes- I'm sure this is a massive underestimate considering the mansions on the Gold Coast and the Hamptons).
https://en.wikipedia.org/wiki/Shoreham_Nuclear_Power_Plant
Built and powered up, but never used..
"...the state taking over the plant and then attaching a 3 percent surcharge to Long Island electric bills for 30 years to pay off the $6 billion price tag"
"Had the Shoreham Nuclear Power Station gone into operation as planned, it would have prevented the emission of an estimated three million tons of carbon dioxide per year"