So, you're saying coal-fired and nuclear power plants will make a big comeback?
electric cars will deliver the coup de grace permanently to high oil prices.
So, you’re saying coal-fired and nuclear power plants will make a big comeback?
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There’s currently a worldwide race on to make the first lftr thorium reactor. There’s about seven small companies in the game. Three are from the USA. Plus Bill Gates has a competing design. These reactors are safe, produce almost no nuclear waste, can be designed to use spent nuclear fuel. they’re cheap to make and maintain. They’re portable. They’ll create electricity for 1/4-1/10 the cost of coal power plants.
The first test models will come out in a couple years.
When they’re ready for prime time—they’ll make coal uneconomical. That may be as much as 15 years away however.