In the short term, in fact, I believe the E-cat could cost huge numbers of jobs, before it started generating them. The utility industry could face massive layoffs over the next few years if demand for electricity on the grid began plummeting and powerplants started shutting down, oil rigs go out of production, etc.
There would be offsets. In my industry (automotive), I would expect massive demand for E-cat powerplants once they were proved out, replacing internal combustion engines. That would potentially create a huge bubble of demand for new cars/trucks for a few years.
So I guess it could create jobs, but it's not a simple matter in my eyes.
thanks for the ping
The Cold Fusion Ping List
http://www.freerepublic.com/tag/coldfusion/index?tab=articles
Keywords: ColdFusion; LENR; E-CAT; CMNS
I’m starting to lose interest. Please wake me when he has a commercial-size installation generating 1MW or better.