Posted on 05/31/2016 3:41:13 AM PDT by 2ndDivisionVet
Thorium & coal...hmmm:
Combine 2 technologies that have been proven - thorium reactors and the Fischer-Tropsch process for coal liquification (remember that the Germans did this late in WW2 to fuel their Panzers and the Luftwaffe, as they lost or were about to lose oil fields), and you get the beginnings of complete energy independence. Read about it here: https://www.market-ticker.org/akcs-www?singlepost=2491667
Oh, and the REE found with the thorium and coal? That’s just a bonus.
I look for President Trump to take advantage of this - he is an innovative and out-of-the-box thinker, someone who will at least CONSIDER every option before making a decision. Given the facts - that we have about 400 years of coal reserves at present production rates, and that the 2 technologies mentioned above are PROVEN to work - I don’t see how we CAN’T make some substantial use of it to put a LOT of our people back to work (the usual coal miners, coal transporters, etc., but also a lot of engineers and construction people - ALL high-paying jobs), and to reduce our balance of payments deficit.
Yes, it will take decades for this to have a very significant impact upon our economy, but business and international markets look ahead. This cannot help but jump-start our economy. Between that, and Fracking 2.0 http://nextbigfuture.com/search?q=fracking+2.0 bringing the cost of fracked oil down to somewhere between $5 and $20/bbl., our economy is going to BOOM as the cost of a major economic input - energy - is tremendously reduced. It will be like a permanent and gigantic tax cut, and adding a few million good jobs for both ends of that massive project will only be cream on the cake.
The trouble is, this will come down from the leviathan feral government as a mandate regardless of whether or not it is a economically viable idea.
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