American Economics Thread
- Thread starter Bernard
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America on a new fast track to fusion energy
US appropriations bill will fund fusion public-private partnerships deploying same model that built commercial space industryThe giant appropriations bill signed by US President Donald Trump on December 27 contains a little-noticed section that sets the goal of creating a full-fledged fusion industry, a new industrial sector centered on the commercialization of nuclear fusion as an energy source.
The envisioned model is the successful public-private partnership that built up America’s commercial space industry. In an exclusive interview with Asia Times, Fusion Industry Association director Andrew Holland tells the inside story to correspondent Jonathan Tenennbaum.
JT: What do you see as the essence of the fusion amendment and what do you think people should know about it?
AH: It makes it an express goal of the Department of Energy to produce energy. It provides a goal of building a cost-competitive fusion power plant and establishing a competitive fusion power industry in the United States. It authorizes new research programs along this pathway.
Is their laser missile defence operational yet?
Skywatcher
Captain
Well, there's no law against optimism...
"Commercial space" was successful after decades of state investment worldwide to develop technologies.
The technologies in the Falcon 9 were mostly developed in the 1960s-1970s. It is mostly a rehash of existing technology.
In the case of fusion there is no precedent for it. No one has working fusion that is commercially viable in the laboratory or elsewhere.
W Bush also invested a lot of money into hydrogen fuel cell cars and the investment went nowhere.
The technologies in the Falcon 9 were mostly developed in the 1960s-1970s. It is mostly a rehash of existing technology.
In the case of fusion there is no precedent for it. No one has working fusion that is commercially viable in the laboratory or elsewhere.
W Bush also invested a lot of money into hydrogen fuel cell cars and the investment went nowhere.
antiterror13
Brigadier
perhaps the question should have been directed to Trump
, well he will become NOBODY in a couple of days anywayI think it's more accurate to say that the suburban housing is a lot more expensive than equivalent urban housing.
Suburban infrastructure developments receive a lot more subsidies AND pay less tax as well.
Which doesn't make sense given suburban houses cost a lot more to maintain.
Eventually, they'll have to raise property taxes to cover the additional maintenance costs.