Submitted on November 6th, 2009 by Harold Helsley (not verified)
Yes, cheap easy oil is in fast decline. Matt Simmons has stated "We have spent 1.5 Trillion to almost keep the supply of oil flat." (his source: EIA 3/09) We have not seen the demands of China, India and other third world nations for energy.
The solution is fusion power as proposed by a company in Santa Cruz based upon the research done at ANL with Hughes back in the late 70's by the DOD but never built due to funding "Star Wars" as a weapon. Today, we are putting billions into minor potential sources of non-base load energy. Fusion can be built ass a base load source within the decade if we make a commitment to do so, the science is done ... it is "more ready to go" than the space program was when it was engaged upon in the 60's. Fusion is build-able NOW, not a research project.
The development of fusion energy is like the development of a giant oil field, about $30 billion to develop and bring on line in ten years. But fusion has a life of thousands of years, not just a couple of decades. Early conservative estimates expect it to produce over $10 billion per year in just electricity generation.
With a HIF fusion complex there can be 10's of GWs of electricity, Hydrogen for synthetic transportation fuels and potable water with desalination, while promoting world efforts in nonproliferation and global CO2 reductions.(an this extend the life of fossil fuels for chemical uses)
There is a "Silver Bullet" for world needs. All we need to do is fund it to re-establish America's world leadership.
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"Your cellulosic ethanol webinar was timely, informative and very well done. There was a great deal of very good information. I have circulated it to a number of associates."
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There is a "Silver Bullet" for world energy.
Submitted on November 6th, 2009 by Harold Helsley (not verified)Yes, cheap easy oil is in fast decline. Matt Simmons has stated "We have spent 1.5 Trillion to almost keep the supply of oil flat." (his source: EIA 3/09) We have not seen the demands of China, India and other third world nations for energy.
The solution is fusion power as proposed by a company in Santa Cruz based upon the research done at ANL with Hughes back in the late 70's by the DOD but never built due to funding "Star Wars" as a weapon. Today, we are putting billions into minor potential sources of non-base load energy. Fusion can be built ass a base load source within the decade if we make a commitment to do so, the science is done ... it is "more ready to go" than the space program was when it was engaged upon in the 60's. Fusion is build-able NOW, not a research project.
The development of fusion energy is like the development of a giant oil field, about $30 billion to develop and bring on line in ten years. But fusion has a life of thousands of years, not just a couple of decades. Early conservative estimates expect it to produce over $10 billion per year in just electricity generation.
With a HIF fusion complex there can be 10's of GWs of electricity, Hydrogen for synthetic transportation fuels and potable water with desalination, while promoting world efforts in nonproliferation and global CO2 reductions.(an this extend the life of fossil fuels for chemical uses)
There is a "Silver Bullet" for world needs. All we need to do is fund it to re-establish America's world leadership.