Linear No Threshold (LNT) Folly: An Economics Perspective on Nuclear Safety
Leon Louw, lawyer, economist, Executive Director of Free Market Foundation in South Africa, Director - Regulatory Affairs for Nuclear Africa (Pty) Ltd and Bonne Posma, engineer, Founder and CEO, Saminco (USA) specializing in electric propulsion systems for off-road vehicles and underground mining conveyances with operations in China, South Africa and USA, principal shareholder in Liquid Coal, Inc. (USA) . The nature and risks of nuclear radiation are widely misunderstood from the most advanced society to the least sophisticated societies. Many view nuclear radiation as they view ghosts and spirits. People who fear what they regard as ominous phenomena generally have difficulty explaining why. This facilitates the promotion by scaremongers of irrational fear. During the era of nuclear weapons testing, radiation fear mushroomed. It endures despite the fact that, for over half a century, 450 water-moderated nuclear power plants delivered millions of terawatt hours of electricity without a single radiation fatality.