Quote:
Originally Posted by Peter Ward
The "traditional" nuclear industry (read: capitalist) has nothing to gain from using a Thorium cycle. They would lose significant revenue in charging for reactor cost, fuel supply and decomissioning costs.
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Yep. The Nuclear Industry is like a massive car manufacturing business. They make money on spare parts (and fuel). They'll even sell at loss to set-up knowing they'll recoup costs in supplies amd maintenance down the road. It's a bit like buy that big plasma screen now and don't pay until 2012. No interest either.
That's the only thing in the way of Thorium but I think in the long run they'll go to it. When it's financially sound to do the switch. After they've burnt every litre of gas that is, whihc is the next big thing IMHO. So not anytime soon.