Compensation for nuclear damage: a comparison among the international regime, Japan and China

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Abstract

Following the Fukushima disaster in Japan in 2011, how the compensation system for nuclear damage should be improved has obtained broad attention. The compensation system, including liability rules, insurance and government involvement, does not only concern to what extent the victims can be sufficiently compensated, but is also relevant to create incentives for the nuclear industry to enhance safety. International compensation regimes for nuclear damage started to emerge since 1960s, but still fail to engage some (potentially) big “nuclear power” ones. The Japanese and Chinese systems are such ones which received less attention until recently. This paper will, on the one hand, engage in a positive study by giving a comparison between the international regime, the Japanese and the Chinese system; on the other hand, provide a normative analysis by using economic criteria to examine the efficiency of the systems and formulate suggestions for reform.
Original languageEnglish
Pages (from-to)165-187
Number of pages23
JournalInternational Environmental Agreements-Politics Law and Economics
Volume16
Issue number2
DOIs
Publication statusPublished - Apr 2016

Keywords

  • Nuclear liability
  • Insurance
  • Financial cap
  • Limit on liability
  • Disaster

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