There appears to be a few people here who are knowledgeable about nuclear power. I'm not, so I have a few questions, please excuse me if they appear to be dumb ones, but I haven't kept up on the advancements in nuclear energy in a loooong time.
1) There used to be a concern about storing radioactive waste from nuclear reactors. I seem to recall that the material had a half life of something like 25,000 years, give or take, so storage facilities were built underground. To my best knowledge, man-made structures would be lucky to have a lifespan of a couple hundred years, whereas thousands of years would seem an impossibility. Then there is the possibility of damage due to seismic events. Are these potential issues no longer a concern?
2) Catastrophic failure of nuclear power plants don't happen that often, but when they do they cause pretty big problems, that have potential effects over a large swath of territory. I imagine the technology to improve safety has improved greatly over the years, but I think budgetary lethargy will never leave us and thus ageing equipment and maintenance shortcuts seem to be a forever possibility. Your thoughts?
3) We've seen many cases of abandoned oil fields when the company goes bankrupt with cleanup costs having to be passed on to the taxpayer. What happens if nuclear plants become no longer viable? Would there be a potential for we taxpayers to cover the costs of decommissioning an abandoned nuclear plant (if such a thing would ever exist)?
While I'm neither a greenie nor a pro-oil activist, I consider myself to be an ordinary average guy and still have concerns over safety and the environment that are probably not out of line with the average person out there who is not a nuclear power enthusiast. At the same time I realize that everything we do involves some degree of risk, and what that level of risk is seems to be what is mostly debated.
That's why I'm asking. I often read stuff like this, and the pro-whatever people often criticize the average citizen for not knowing enough about whatever they are hyped up about. While it seems a little unfair in some sense, it's the norm in today's world with the way social media interactions go. So don't shoot me, I'm really just curious if the old fears (and perhaps misconceptions) have any basis in fact, or if they can be easily dispelled with actual facts, and not some modern version of the 1950s wide-eyed 'everything is great' whitewash.