parallel wrote:It seems the news is spreading....
Dr. Steven Chu, Secretary of Energy is looking at Lattice-assisted Nuclear Reactions (LANR) Cold Fusion as a part of implementing President Obama’s ambitious agenda to invest in clean energy, reduce our dependence on foreign oil, address the global climate crisis, and create millions of new jobs.
http://the-explorer.com/steven-chu-look ... 9583.html/
I wonder if the skeptics here will accuse him of being "had" and wasting money, as they all know cold fusion by any name is pathological science..
It's a nice red herring to divert attention further from that which actually *can* compete with the status quo: Fissioning.
Light water reactors took 20% of the Electrical generation market in about one score years, and, frankly, Light water reactors, and their Boiling water cousins with their open fuel cycle, can be economically exceeded IMHO. The competitive potential of closed fuel cycle fissioning is not lost on those vested in the status quo of Fossil fuel combustion. Last I looked, 8 of the 10 largest companies in the world were those provisioning hydrocarbons.
These companies and related Industries wield huge political and social power. They know the huge competitive potential of fissioning, and spend a great deal of their social power to ensure their primary competition is not power dense forms of Energy, but ensure that their main "competitors" are instead a "soft energy path", conservation, and forms of energy that is Diffuse, Unreliable, and Intermittent.
It doesn't surprise me that the Political appointees of the current administration are again pointing to yet another form of energy that they think will maintain the status quo.
Obama has a billion dollars in his campaign coffers already, and he didn't get that rich begging on the streets of Chicago. Before anyone goes all politics on me, I have to say that *any* political party that achieves power, achieves it in part by pandering to those vested in maintaining the energy status quo. Energy Industries are just too rich and socially powerful.