Nuclear power: will property prices implode?




For example what are safety zones and their extent?



OK, we can mitigate by having a nuclear plant on Tekong. But I doubt the M’sians would be happy. The 16-km radius, and 80-km radii would reach into Johor. Even a plant at Changi, will affect Johor if there is a problem.

So unless nuclear plants become so safe that one could have a zone of 800m, we all risk exposure to radiation if a plant is built anywhere here.

Would anyone willingly want to live or work within a 16-km radius of a nuclear plant? I know the risk of an accident are very, very low: but we now know that we are bad at calculating the odds for any low probability, catastrophic event. I have yet been able to find (via Goggle) any existing or planned nuclear plant within a 16-km radius of a major population centre, let alone a global city or a wannabe one.

S’poreans may be willing to put up living and working in the shadow of a nuclear plant: we put up with a lot of abuse from our government and the FTs.

But tourists; Swiss bankers and their overseas clients; billionaires and other FTs from countries more cautious on nuclear safety issues are likely to be scared to visit or live in a city where they can get exposed to radiation if there is a nuclear accident.

If there are no FTs, there goes the value of yr HDB flat, or condo apartment, or landed property,or so we are told by the same government that seems rather keen on nuclear energy.

Hmm might be a gd Faustian bargain: lower property prices, no FTs.

But nothing may happen. In the late 1970s, I met a science teacher. He had been given a scholarship to study nuclear physics. But by the time he graduated, S’pore scrapped its plans for nuclear energy. He was sent to teach science at Victoria Institution.

  1. How about siting it on Pedra Blanca?

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