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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Bread Upon The Water who wrote (7529)8/29/2004 4:18:42 PM
From: Seeker of Truth  Read Replies (1) of 11633
 
Hello William Hickman,
About five years ago I had lunch with a chap who was working at MIT on precisely what you describe, uranium isotope inside of graphite. The graphite clumps came in various sizes from the size of a rice grain to that of a tennis ball. He said that they were vastly safer than the conventional methods of handling radioactive materials and could generate plenty of heat without melting the graphite. He was extremely enthusiastic about their findings. Afterwards I heard he divorced his Canadian wife and went to work in Switzerland. I have been waiting for years to read any public document on the topic. It's hard not to think that Switzerland is also working on this. I suppose that some Busheaucrats in Washington DC killed the MIT project. So more power to China.
This raises the question as to what ever happened to the MIT results. Are they secret? Were they published? Who knows about it?
Before we call the energy crisis conquered there is the sobering thought that there actually isn't enough uranium or thorium available to largely replace fossil fuels. Remember we are dealing with fission not fusion. However if we combine the pebbles you describe with all kinds of energy conservation measures, and industrialize the planet so that the population decreases, then we can possibly pull through without decreasing the population by wars.
Time for governments to do the development work on clean use of coal to generate electricity. 10 billion US $ should handle the matter, according to experts. High sulfur coal would then become usable and give off almost zero pollutants, since the sulfur is isolated as such. This would remove the need to use NG or oil to generate electricity.
By the way, hydrogen is a problem not a solution. It's a really expensive source of energy, requiring much more energy to make than what its burning can release.
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