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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Dale Baker who wrote (83898)5/2/2007 9:39:49 AM
From: Tommaso  Read Replies (2) of 206334
 
I was thinking last night about what might be the next big thing in energy after tar sands and uranium.

Nuclear fusion.

The "ITER" project (with almost every important world power involved and located in southern France) is a very serious attempt at getting back ten times the energy one puts in, with a target date of about 2017 to do so. The cost is estimated at about 10 billion euros (about one-tenth of the current military appropriation that Bush just vetoed).

Looks like it will be a while before it's clear who will make money off nuclear fusion. A very good bet might be Areva, since it is certainly a world leader in fission production of electricity. I would imagine GE would get in on it. Anyone else thinking fusion?
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