“statistically speaking it’s about damn time one of these energy inventions panned out.”
Good point....sort of like the saying of the blind hog stumbling onto the acorn, eventually.
The thing that nags at me is, if his E-cat really works, why didn’t Rossi get the modern day Euro equivalent of the cement overcoat years ago??
We aren’t just talking billions of dollars at stake for the established industries, many wholely state owned, that provide the oil and gas, the power generation, distribution, regulation and the taxation of it all, we are talking trillions of dollars worldwide that will eventually be displaced.
Or will it? These same power providers will have the big bucks and the clout to make it all happen and still be able get in on the installation and maintenance of the new power systems. I also expect governments to step in w/ their rules, regs and taxes to “insure a smooth transition” blah blah blah - and more importantly for them, assure their continued flow of energy tax revenue.
Hi folks ... first post here.
(I’m the author of the “real or fake” analysis of the eCat at http://lenr.qumbu.com — also see http://evworld.com/blogs/index.cfm?authorid=12&blogid=972&archive=1, and participate on the “vortex” mailing list)
With respect to the Defkalion “offer” — the full letter is at http://newenergytimes.com/v2/sr/RossiECat/docs/Defkalion-Offering-July2011.pdf
It is a fixed 40.5M Euros ($57M) — PER FACTORY (300,000 units/year), plus royalties. I expect that for smaller countries they’ll shift to a regional basis.
It’s worth noting that the offer includes the lines:
— Meeting in our factory during October to inspect and verify kW units
— Meeting in our factory during December to inspect and verify MW units
What they are doing is either a multi-billion-dollar scam OR exactly how a new distribution system SHOULD be set up.