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The single most important technology in the energy business
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Thursday, August 06, 2009
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From Conversations With Casey:

The future in nuclear isn't in large, gigawatt-size plants but in very small ones, smaller than those in nuclear submarines.

These are plants that can be buried, that have no moving parts, need no additional fuel, and can be run completely maintenance-free for five to ten years, and produce enough electricity to power about 20,000 homes. They only cost about $25 million each, which means that any town of about 10,000 people or so could have basically infinite and extremely cheap power. It will be local, safe, clean, and cheap – it will revolutionize what can be done in third-world countries, island jurisdictions, etc.

...The technology was developed by the government’s nuclear labs at Los Alamos and was licensed last year to a company called...

Read full interview by signing up for Conversations With Casey (wonderful report on "The End of the Nation State" included with FREE subscription).

More classic Doug Casey posts:

Doug Casey BLASTS Warren Buffett

Doug Casey on a huge potential financial disaster

Doug Casey reveals how to legally transfer wealth with gold coins

Topics: Doug Casey | Energy | Cruxallaneous
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