At any time, unexpectedly our finance-driven world can explode with devastating consequences. As it did with the default of Lehman Brothers in 2008 and the Corona pandemic of 2020. Disruptions like Bitcoin, payment platforms, fraud and nuclear war can fast cause a chain reaction like a devastating nuclear bomb. How should managers prepare and act in these times which we call the "Age of Nuclear Finance"? The purpose of this book is to analyse and provide guidelines on how bank managers and customers can adapt to the challenges being faced during the 4th industrial revolution. There has never been so much money, nor regulation around. And the banking sector is changing, due to negative interest rates, disruptive financial innovations and technology.

This publication emphasizes how various risks -- including those typically considered to be 'engineering risks' -- will give rise to such financial risks.

This open access book discusses the eroding economics of nuclear power for electricity generation as well as technical, legal, and political acceptance issues. The use of nuclear power for electricity generation is still a heavily disputed issue. Aside from technical risks, safety issues, and the unsolved problem of nuclear waste disposal, the economic performance is currently a major barrier. In recent years, the costs have skyrocketed especially in the European countries and North America. At the same time, the costs of alternatives such as photovoltaics and wind power have significantly decreased.

Since 1945, the United States has manufactured and deployed more than 70,000 nuclear weapons to deter and if necessary fight a nuclear war. Some observers believe the absence of a third world war confirms that these weapons were a prudent and cost-effective response to the uncertainty and fear surrounding the Soviet Union's military and political ambitions during the cold war. As early as 1950, nuclear weapons were considered relatively inexpensive— providing "a bigger bang for a buck"—and were thoroughly integrated into U.S. forces on that basis. Yet this assumption was never validated. Indeed, for more than fifty years scant attention has been paid to the enormous costs of this effort—more than $5 trillion thus far—and its short and long-term consequences for the nation. Based on four years of extensive research, Atomic Audit is the first book to document the comprehensive costs of U.S. nuclear weapons, assembling for the first time anywhere the actual and estimated expenditures for the program since its creation in 1940. The authors provide a unique perspective on U.S. nuclear policy and nuclear weapons, tracking their development from the Manhattan Project of World War II to the present day and assessing each aspect of the program, including research, development, testing, and production; deployment; command, control, communications, and intelligence; and defensive measures. They also examine the costs of dismantling nuclear weapons, the management and disposal of large quantities of toxic and radioactive wastes left over from their production, compensation for persons harmed by nuclear weapons activities, nuclear secrecy, and the economic implications of nuclear deterrence. Utilizing archival and newly declassified government documents and data, this richly documented book demonstrates how a variety of factors—the open-ended nature of nuclear deterrence, faulty assumptions about the cost-effectiveness of nuclear weapons, regular misrepresentati

This book provides a concise but rigorous appraisal about the future of nuclear power and the presumed nuclear renaissance. It does so by assessing the technical, economic, environmental, political, and social risks related to all aspects of the nuclear fuel cycle, from uranium mills and mines to nuclear reactors and spent fuel storage facilities. In each case, the book argues that the costs of nuclear power significantly outweigh its benefits. It concludes by calling for investments in renewable energy and energy efficiency as a better path towards an affordable, secure, and socially acceptable future.The prospect of a global nuclear renaissance could change the way that energy is produced and used the world over. Sovacool takes a hard look at who would benefit — mostly energy companies and manufacturers — and who would suffer — mostly taxpayers, those living near nuclear facilities, and electricity customers. This book is a must-read for anyone even remotely concerned about a sustainable energy future, and also for those with a specific interest in modern nuclear power plants.

A timely and thought-provoking solution to the world's energy shortfall The dramatic increases in oil and natural gas prices, the finite supply of fossil fuels, and concerns over emissions and global warming are forcing us to consider alternatives. In this measured and knowledgeable book, energy experts Alan Herbst and George Hopley argue that the time has come for the U.S. to revitalize its nuclear generation assets in order to successfully meet growing domestic electricity requirements and lessen our dependence on foreign sources of energy. Nuclear Energy Now provides an informed look at the benefits and drawbacks associated with this controversial alternative to traditional energy sources. It opens with a brief overview of commercial nuclear development in the U.S. during the past half-century and moves on to discuss what the future may hold if new initiatives-supported by the Energy Policy Act of 2005-gain traction. Along the way, readers will find informed insights into why the need for nuclear power has become so critical and how we can safely add capacity in the coming years. Exploring all of the issues related to developing America's nuclear energy capabilities safely and cost-effectively, Nuclear Energy Now is a must-read for anyone concerned about our oil dependency, the environment, and future of the nation.

Estimating decommissioning costs and collecting the necessary funds for the eventual decommissioning of nuclear facilities is a prerequisite for safe, timely and cost effective decommissioning. The report identifies the types of costs that should be considered when developing a cost estimate and provides information on the collection and management of the funds. It also provides a discussion of the social impacts of decommissioning and how decommissioning can affect the surrounding communities.