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Nuclear safety covers the actions taken to prevent nuclear and radiation accidents or to limit their consequences. This covers nuclear power plants as well as all other nuclear facilities, the transportation of nuclear materials, and the use and storage of nuclear materials for medical, power, industry, and military uses. The nuclear power industry has improved the safety and performance of reactors, and has proposed new safer reactor designs but there is no guarantee that the reactors will be designed, built and operated correctly. Mistakes do occur and the designers of reactors at Fukushima in Japan did not anticipate that a tsunami generated by an earthquake would disable the backup systems that were supposed to stabilize the reactor after the earthquake. According to UBS AG, the Fukushima I nuclear accidents have cast doubt on whether even an advanced economy like Japan can master nuclear safety. Catastrophic scenarios involving terrorist attacks are also conceivable. An interdisciplinary team from MIT have estimated that given the expected growth of nuclear power from 2005 – 2055, at least four serious nuclear accidents would be expected in that period. To date, there have been five serious accidents in the world since 1970, corresponding to the beginning of the operation of generation II reactors. This leads to on average one serious accident happening every eight years worldwide. (via Freebase)