Prasad Rao's Blog: Global Warming, the Movie - Cycle III
We know businesses using dirty fuels will face increasing pressures to move in to much costlier, cleaner fuel to combat global warming. We know oil and coal-rich countries are loathe to accept global warming. We know our country has vast resources of thorium and our nuclear scientists have succeeded with the thorium cycle (It's not their fault that it happens to be closed-cycle and very low cost, in short 'pareto superior' over existing power technologies). Wouldn't it be ever so stupidly suicidal to introduce new generation nuclear power that is cheaper by the dozen than fossil fuels, global warming notwithstanding? Why not hold it back when there is a more than a nominal 'willingness to pay' to suppress it? Better yet, sell the technology to fossil fuel energy tycoons, oil-rich countries and MNCs of the west for a not inconsiderable sum? ..... And so was born the plan to hoodwink the nation in to selling away its home-grown, thorium-exploiting nuclear technology even while claiming to obtain 'advanced' nuclear technology under a 'nuclear deal' with the US or a 'technology transfer' agreement under the framework of the FCCC (we get carbon credits for 'free'!).
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