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Hoh Hoh Hoh – Gee, NOW We’re Going To Do It?
Friday, January 9, 2015 6:00
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by Karl Denninger
Market-Ticker.org
Today, it was announced that the Department of Energy’s Oak Ridge National Laboratory (ORNL) in Tennessee is partnering with Canadian nuclear company Terrestrial Energy Inc. (TEI) to assist with TEI’s new Integral Molten Salt Reactor (IMSR). The engineering blueprint stage for this GenIV reactor should be reached in two years. The reactor should come online in less than ten.
It’s about damn time.
I remind people (and if you’d like, read the last chapter of Leverage) that our government laboratories at Oak Ridge built one of these things back in the 1960s and ran it for four years, proving that it works.
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Source: http://financialsurvivalnetwork.com/2015/01/hoh-hoh-hoh-gee-now-were-going-to-do-it/?utm_source=rss&utm_medium=rss&utm_campaign=hoh-hoh-hoh-gee-now-were-going-to-do-it
