Comment Re:Regulation, more regulation, only lawyers win (Score 4, Insightful) 224
What really worries people in Japan is that previously undiscovered problems keep coming to light at existing plants, now that proper checks are being done. Any trust that existed has proven to have been misplaced.
To be fair, some of the issues could not have been discovered when the plants were built. Equipment to find fault lines like the ones discovered recently did not exist in the 1980s. That just makes it worse though, because it demonstrates how even now we are discovering new issues and improving our understanding of the environment.
When the consequences of an accident are so severe being 99% sure it's okay isn't enough to gamble on. Of around 450 commercial electricity producing reactors 6 have melted down catastrophically. That's a 1.33% failure rate, and doesn't include all the other serious problems at nuclear plants. It's no wonder nuclear plants can't get commercial insurance.