Original sentence: Instead, it establishes an industry-funded insurance system (worth $10 billion in 2005), and promises compensation by the federal government for larger claims.Its main purpose is to indemnify the nuclear industry against liability claims arising from nuclear incidents.Some argue that it removes important legal remedies from the public, but the Supreme Court held that it did not.Some environmental, consumer and taxpayer watchdog groups, as well as one federal agency, have described the act as a government subsidy to the nuclear power industry.The Price-Anderson Nuclear Industries Indemnity Act (commonly called the Price-Anderson Act) is an act of the Congress of the United States.The act was considered necessary as an incentive for the private production of nuclear energy, because companies were unwilling to invest in the industry without such limitation on liability
Edited sentence: Greenpeace and the Union of Concerned Scientists are among many groups which criticize the act as an unconstitutional taking of private resources for the benefit of investors, and because it leaves the victims of a nuclear accident without standard recourse to compensation.It overrides state liability laws which protect the public against dangerous industries with a federally subsidized insurance system, and obligates the taxpayer to foot the bill for a catastrophic nuclear incident.It replaces the free market aspects of capitalism with government subsidies and market manipulation.The Price-Anderson Act as it is called, was first passed by the Congress of the United States in 1957, extended in 1975, upheld by the Supreme Court in 1978, and again extended in 2005.The Price-Anderson Nuclear Industries Indemnity Act indemnifies or protects the nuclear industry against liability claims arising from nuclear incidents.The act is an incentive for the private production of nuclear energy, because private investors and companies were unwilling to accept the risk of nuclear energy