The Best Energy Strategy - Nuclear Energy & Electric Cars

Solar panels and windmills are just too expensive today and use too many rare earths controlled by China. They will be viable in a hundred or more years from now, maybe and we can bypass them altogether with a better technology. They take up too much space and are ugly to look at. Windmills are noisy and the wind currents can change, rendering windmills a location useless. Windmills in the ocean decay too rapidly due to salt erosion and require too much maintenance.

There is only about 900 billion barrels of crude oil left in the world. At 100 million barrels oil will be depleted in less than 25 years.

Nuclear energy is the solution since it is the most efficient and we have enough uranium and thorium to last for at least 700 years with the new level 4 reactors that use more than 99% of the uranium.

Eventually it will be unprofitable to run coal plants because of carbon credits.

Since uranium only makes up 4% of the unit cost of energy, the price of uranium could easily rise 100-500% by 2030 and still be cost effective. We are at the edge of the hockey stick for the price of uranium shooting up. We have seen in the last couple of months it has risen from $40 to $60. The turn of the blade is slow then turns nearly straight up. There will be virtually no pullbacks in the price of uranium on its way to $200.

People are going to be surprised how quickly electric cars become popular. Israel will have its full infrastructure of 60 battery stations installed for electric cars by the end of 2011. It takes less than one minute to change the battery in an electric car at the station.

I think we should forget solar panels and windmills, because we will transition from nuclear to geothermal in about 300 to 500 years from now or sooner. You can drill down to any place on the planet to take advantage of geothermal. It is the most efficient energy; it never runs out as if you were on the surface of the sun accessing this energy to boil water to turn turbines. It is even cleaner than nuclear, but that's in a couple hundred years from now.

This is the century of nuclear power and electric cars. Natural gas is not viable because fracking contaminates the water, faucets catch flame and we are ingesting all kinds of toxins from this process.