Shutting Down Global Warming Fast - and with a Profit

Uranium (Nuclear Minerals) / Other Sources, RTGs, Sea Water, Thorium, Helium-3, & Fusion Research

Date posted: 12/15/15

John Sales opines that the U.S. and China are working diligently on thorium nuclear reactor technology, and the U.S. design, Martingale Thorcon, is ready to go, if politics and mistrust left over from Fukushima were not holding it back,(but it is not). Thorcons are modular, cheap, walkaway safe, with little waste risk. The U.S. has enough thorium to last it a millennium, India has enough to last the world a millennium. China is thorium-deficient, but what it has is already mined. The U.S. should vigorously challenge China to a moon-shot like ... but entrepreneurial duel, to develop India thorium. This would result in catastrophic lowering of global warming stress. All three should profit from the venture ... it is the only thing that will drive it forward, and final energy costs and carbon emissions would plummet. It would jolt the rest of the world into action ... they would not be left behind. Congress should subsidize Martingale to get a working prototype and then begin subsidizing working reactors, one for one, in both India and the U.S. (like China, we already have thorium fuel stockpiled). When there are profits, Congress will get 5% of them until the loan is paid off and Congress has also recouped a 20% profit on the venture, at which time it sunsets. Existing energy companies might be given preferred stock in Martingale, to the degree that they agree to leave their formerly burned carbon in the ground. Sales visualizes the future oil company as viable as a regular oil company supporting the ongoing needs for infrastructure, such as asphalt for highways, plastics, specialty chemicals, and a healthy portfolio of thorium-generated preferred stock. Since Martingale has roots as ship designer and builders, also subsidize them to come up with a ship that is half Thorcon reactor and half fuel storage, that might be berthed anywhere to supply clean power for emergencies or otherwise.