Economic Impact on Massachusetts of a Nuclear Accident

A Trillion Dollar Risk

by Brian E. Boyle, Ph.D., October 31, 2015

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Excerpt Summary:

If Pilgrim Nuclear Power Station (PNPS) were to have an accident, the economic impact in Massachusetts could be on the order of $1 trillion and more. The radioactive plume from Fukushima’s nuclear accident in Japan in 2011 carried significantly farther than 50 miles. Three-quarters of the state’s economy and property value lies within 50 miles of PNPS, which the US Nuclear Regulatory Commission (NRC) has now listed at the lowest of its operating reactor ratings. NPS is also the same reactor design as the one in Fukushima.

Massachusetts Senate Bills S.1797 and S.1798 are several measures that can be taken now to mitigate the economic risk.

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