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Logic and Swedish Nuclear Energy: An Update
11.21.12   Ferdinand E. Banks, Professor

Article Viewed 3374 Times
91 Comments
 
In the early summer of 2011 I saw a notice in a Swedish newspaper that the well known nuclear debater, Amory Lovins, had been invited to a large conference sponsored by the Tallberg Foundation. It was to be held at Sigtuna (Sweden), which is located between Stockholm and Uppsala, and comparatively close to my home.

I therefore wrote to the foundation and suggested that the Dr. Lovins' invitation should be immediately rescinded (i.e. cancelled), and instead I should be given the honor of presenting one of my dazzling and provocative lectures on nuclear energy. If that was impossible, I suggested that since Dr. Lovins had once challenged me to an 'on-line' debate on this topic, the Sigtuna meeting would provide an excellent opportunity for him to attempt to obtain the satisfaction that he desired.

My request was ignored, but when I was asked to present a short course on energy economics in Spain, I made sure to refer to my offer in the long lecture I prepared, and also to refer to a goofy encounter I suffered with the environmental celebrity Jeremy Leggett at the Singapore Energy Week later in 2011. My part in the Singapore program, was to present a short but brilliant lecture on nuclear energy (which I later published under the title of 'The Real Nuclear Deal'), and also to participate in a general debate on energy topics, which of course I dominated.

I was warned that feelings could run high when nuclear was discussed, or for that matter just referred to or mentioned, but as usual I didn't care. You see, I am not only the leading academic energy economist in the world, but unbeatable in a seminar room or conference. But what I did not expect in Singapore was the gratuitous outrage levelled at me by the good Leggett when I informed him and the audience that it did not take 10 years to construct a nuclear reactor. I also might have mentioned, en passant, that he would be doing himself a favour if he adjusted his mental processes so that they at least came up to the level of a course in remedial freshman economics at Boston Public, because the nuclear reactor (of the CANDU type) constructed at Quinshan by the Chinese moved from ground break to criticality somewhere between 4 and 5 years.

Leggett's reaction to this advice was to contact Professor (of physics) Kjell Aleklett of Uppsala University, and inform him that I had disgraced that noble institution – an establishment where I brilliantly taught economics and international finance for almost 30 years. I don't care about this accusation, but whenever there is a question about my bona-fides, i.e. my professional status, I do not hesitate to confess that I am the most productive economist in the history of Uppsala University (500+ years), and in addition I have held more full visiting professorships outside Sweden than all the professors in the department of economics at Uppsala University during the past 50 years. In fact this is the problem: no economics teacher in Sweden can match my international publication record, nor can they match my visiting professorships, brilliant lectures in every part of the world, and research positions in exotic locations. Those prizes are absolutely too much for them to take, and so they react with the toxic envy for which Sweden is famous.

1. Albert Einstein and Amory Lovins

Something that Professor Einstein forgot to say was that when stupidity turns out to be inconvenient or unsightly, it can often be made presentable with lies and/or misunderstandings. With all due respect, consider the following testimony by the energy debaters Amory Lovins and Joseph Romm in the prestigious organ of the (United States) Council on Foreign Relations, Foreign Affairs (1992-93):

“…., the Swedish State Power Board found that doubling electric efficiency, switching generators to natural and biomass fuels and relying upon the cleanest power plants would support 54 percent increase in real GNP from 1987 to 2010 -- while phasing out all nuclear power. Additionally, the heat and power sector's carbon dioxide output would fall by nearly $1 billion per year. Sweden is already among the world's most energy-efficient countries, even though it is cold, cloudy and heavily industrialized. Other countries should be able to do better."

This statement is mostly fiction: it is the kind of bunkum that you might get from Greenpeace ignoramuses, and it does not even have a slender association with reality. Hopefully, biomass can someday fit into the mix of energy assets that Sweden will require in order to ensure that my pension and any medical assistance I may require in the future will be made available, but thus far biomass is little more than a gleam in the eyes of certain environmentalists. As for other 'soft' energy options -- e.g. wind and solar -- there is a great deal of talk but little action. The reason for the lack of action is that Swedish managers and engineers are too smart to play the fool for parasitic Greenpeace busybodies. But please let me say that I am not opposed to 'soft' energy options, nor the subsidies that might be necessary to bring them about, assuming that in the long run they will be economical without posing a gigantic burden on we taxpayers.

I never get tired of repeating the above, and if given the opportunity would sing it in a local karaoke club, although to a certain extent it is irrelevant when genuine economic logic enters the picture. The basic issue here reduces to the inter-temporal panoply (or turnout) of nuclear 'generators', by which I mean past, present and likely future of this technology, irrespective of countries or regions.

Generation 1 (Gen 1) reactors were the gas-cooled, graphite moderated reactors developed by Britain and France, using 'natural' (or unenriched) uranium. Gen 2 is the light-water cooled and moderated reactor (or LWR), which is the kind that the research director of a major oil company called “tacky”, and compared to a “Saturday night special” handgun. The following generation was supposed to be a fast-breeder reactor (FBR), which was the reactor that the cognoscenti were naively thinking of when they talked about “electricity being too cheap to meter”. As things worked out, the engineering associated with its construction was more complex than anticipated, while uranium was more plentiful, and so at present light (and heavy) water (or Gen 2) equipment constitutes all except a few pieces of the global nuclear inventory.

If I were asked to guess, I would say that a commercial breeder is about a decade away, which would have been a certainty before the so-called 'shale gas revolution' (some of which is nonsense). This is not to say that everybody welcomes the breeder, because in a sense it represents the first step into a plutonium community, but unfortunately it happens to be inevitable. In the meantime Gen 3 equipment has started to appear (e.g. in Finland and France), where the emphasis seems to be on safety. The problem with these reactors though is expense, although this is a problem that the Chinese have already solved, to the great satisfaction of future purchasers of that kind of equipment.

2. A Ten Year Itch

In case you did not know, Sweden constructed 12 reactors in 13+ years, and these reactors eventually provided Sweden with about 45 percent of its generating capacity (in megawatts), and more than fifty percent of its electric power (in megawatt-hours). They also helped to provide Sweden with the most inexpensive electricity in the world, which in turn caused Sweden to be referred to as an “Industrial Powerhouse” by an American business magazine. This would still be the case if Swedish politicians and voters had not been tricked into deregulating electricity. As things now stand, few things are more worrying, more annoying for both Swedish households and businesses, than the price of electricity, and so I am going to employ my extensive economic expertise to inform the present and future Swedish governments how to deal with this menace: PUT AN EXPORT TAX ON SWEDISH ELECTRICITY!

I once proposed cutting the power lines between Sweden and e.g. Germany, but an export tax might be more effective, especially if the crazy German nuclear retreat actually takes place, and in addition the tax revenues are properly allocated.

In his brilliant and stimulating book Energy and the Earth Machine (1976), Donald E. Carr -- an industrial chemist and oil company executive, who calls himself an environmentalist -- refers to nuclear fission as “The Light that Fails”, although his industrial background apparently gets the better of him, and he regrets the inability of industrial societies to produce a commercial fast-breeder. What he says he believes is that there is a shortage of “brainpower” as well as commonsense in energy matters, which may or may not be true, but in the course of his deliberations he informs us that at the time his book was written, the Japanese were capable of constructing a nuclear reactor in 3 years. This is probably wrong, but for reasons that he did not comprehend.

After a workshop in Vienna, and in the course of a walk through that city, a Japanese gentleman, probably an 'insider', informed me that regardless of the circumstances, constructing conventional (Gen 2) 'thermal' reactors was a waste of time and money. He assured me that eventually the voters in Japan would give the decision-makers permission to construct breeders, and I believed him. I believe him more than ever now, because given their demographic situation, a large supply of cheap energy is crucial for the Japanese.

The next number that is relevant for this discussion is 5 years, which was on the contract that the French firm Areva signed with buyers in Finland. Their reactor will not be constructed in 5 years however, but probably in 8. According to the former director of Areva though (Anne Lauvergeon), the Chinese are able to construct 1000 megawatt reactors in 5 years or less, and here I want to say that a construction period of 5 years is sufficient to make nuclear cheaper than any alternative. Moreover, the 4 reactors that are supposed to be constructed in the United Arab Emirate are scheduled to be completed in 5 years each, although I was told that it might take 7 years.

Actually -- according to the economics I teach -- it doesn't make any difference how long it takes to construct a reactor outside of China: the Chinese figure of 5 years or less is the figure that counts. In mainstream economic theory it is what is called the long-term equilibrium value. What that means is that every industrial country in the world that wants to construct reactors in 5 years or less will eventually be able to do so. Accordingly, the 10 years cited by Mr Leggett is a misreading of the theoretical evidence, and as far as mainstream logic is concerned, it doesn't make any difference what he or anybody else believes. Eventually the right number will be at the disposal of voters, and they will take steps to obtain the energy that they cannot do without.

But even if the voters do not smarten up, their political masters will do what is necessary. By that I mean that eventually reactors will be constructed in the same manner as ships were constructed in the U.S. during WW2. The reason those ships were constructed as rapidly as they were is the same as why the Swedes could construct their reactors as fast as they did: it was because the decision makers came to the conclusion that it was a matter of preventing a collapse in the standard of living, and so there was no point in relying on voters or politicians of EU phonies who believe that they can find instructions for obtaining their economic redemption in the words of popular songs, or antics on 'reality' TV.

3. Conclusion: Swedish Nuclear and Greenpeace

I have published thousands of comments, and written hundreds of articles, for various (network) forums. No money has ever changed hands, but even so something eventually becomes offensive to my 'editors' -- e.g. my constant bragging about my books and guest professorships -- and my precious contributions are summarily refused. Frankly I don't care at all, because my basic goal is not self-expression, but demonstrating to folks in both the cheap and expensive seats that I intend to remain the smartest boy in the room where energy economics is concerned.

As I point out on several occasions in my forthcoming energy economics textbook (2012), observing the Swedish nuclear past provides a valuable but generally unappreciated insight into the almost certain arrival of what Professor Ken-Ichi Matsui has called the “Seventh Energy Revolution”, which he believes will be based on nuclear energy. When the first oil price shock took place, six reactors were rushed to completion in Sweden, while work on four others commenced, and planning began for two others. That was a stunning industrial achievement and I think it possible to predict that with world populating increasing, and the relative supply of fossil fuel resources decreasing, a similar phenomenon will eventually be observed everywhere. Among other things, an enormous quantity of electricity will be necessary to avoid a partial deterioration of the transportation system. For example, in a country like Sweden, neither nuclear haters nor nuclear lovers have the slightest intention of losing access to 'the friendly skies' or the 'open roads': e.g. the open roads leading to the skiing and 'après-ski' at Åre and Riksgränsen in Sweden, or for that matter the friendly skies that lead south to the slopes and discos of Courchevel (France) and St. Anton (Austria).

Today, just a few hours ago, I read in an article by Tobias Brandel in my morning newspaper (Svenska Dagbladet), that Swedish nuclear energy has been graded below an acceptable standard by none other than (pseudo) experts associated with GREENPEACE. According to these Greenpeace know-nothings, security arrangements are bad, there is corruption somewhere (in that regulators and Swedish nuclear operators are in cahoots), earthquakes and tsunamis might someday pose a danger to Swedish nuclear facilities, and in addition terrorists could be looking for 'soft' Swedish nuclear targets. Hearing that sort of thing makes me think that it is time to arrange a very long vacation in one of the stone-age countries that receive so much attention and admiration from Swedish intellectuals and journalists, but before I pack my suitcase and book my ticket, I will offer all interested persons and their supporters the same opportunity that I offered a former EU energy expert. They can occupy a front row seat during my next lecture on nuclear energy, and on that wonderful occasion make a fool of me or I can make a fool of them. I hope that I don't have to say how that rendezvous would likely turn out if it took place.

By the way, globally there are 434 reactors in operation today, 68 are under construction and approximately 160 are ordered or planned. Accordingly, I doubt whether the attack on the standard of living of countries like Sweden that is being promoted by Greenpeace, and local parasites and charlatans will be permitted to realize the devastation that the Greenpeace general staff is trying to impose on the industrial world. Swedish voters may not comprehend physics and economics, but they have a vague appreciation of the competitive disadvantage that would accompany the abandonment of nuclear.

References

(2012) Banks, Ferdinand E. 'Energy and Economic Theory' World Scientific: London. New York and Singapore. (FORTHCOMING).

(2000) Energy Economics: A Modern Introduction. New York: Kluwer. Brandel, Tobias

(2012) 'Svensk kärnkraft döms ut'. Svenska Dagbladet. (2 October).

(2002) Kullander, Sven, Henning Rodhe, Mats Marms-Ringdahl, and Dick Hedberg 'Okunnig att avveckla kärnkraften'. Dagens Nyheter (7 April).

(1998) Matsui, Ken-Ichi 'Global demand growth of power generation'. The Energy Journal (No.2).

(1997) Tanguy, Pierre Nucléaire: Pas de Panique. Paris: Editions Nucléon.

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    Readers Comments

    Date Comment
    Ferdinand E. Banks
    11.21.12
    Perhaps a little too much baggadocio in the enclosed, but it was meant for the local (Swedish) population and not contributors to and commentors on EnergyPulse.

    But the fact is that despite what THEY say, THEY are not going to dump nuclear. Their is no replacement for it, especially in the long run. In a recent German publication the boss of the German energy administration - a former Eko-activist - has called the program of Chancellor Merkel "Simple Madness". Myself, I dont dare what he or anybody else calls it, because what is in store in Germany is an attempt to make fools of the German voters by closing a few neclear facilities, promising to close more, and purchasing electricity from surrounding countries. That means bad news for Fred Banks.

    What about solar and wind in Germany. I dont know, but I hope that they have a place, and can supply at least a small part of the power that Germans wants and can afford, but they cannot replace nucllear.

    Just as OPEC intends to produce and export as little oil as possible, countries like Germany, Switzerland and Sweden should agree to respect the wishes ov Greenpeace and others by being very careful with the employment of nuclear, and giving wind and solar a chance, and explaining to the Greenpeace people what wind and solar can and cannot do. Why not? Isn't it better to subsidize some wind and solar than to subsidize stupid wars and corruption on the other side of the world.

    Jim Beyer
    11.21.12
    I heard Amory Lovins speak at the University of Michigan once. I got to ask a question. The question was simply: "Will plug-in hybrids supplant hydrogen vehicles?"

    He took a long time giving a very complicated answer. Afterward, my professor looked at me and asked: "What did you think of his answer?" I said I didn't think he answered the question. My professor didn't think so either.

    Lovins is a very charming man, and he can say things in a Clintonesque way that can make people believe them, even if they don't make too much sense. The tactic of attacking nuclear power on economic grounds (versus safety) was a brilliant tactic, and is basically working. But CANDU (a demonstration of reasonable cost) and carbon emission concerns put nuclear back in play.

    Ferdinand E. Banks
    11.21.12
    Jim, his charm wouldn't work on me, and the debate between he and I would end in his being made a fool of. The former head of the Swedish energy department, a PhD in physics, and also anti nuclear, was another guy who got good grades in math and physics, and thought that that gave him the right to tell the rest of us something. He's in Japan now, and I'm sure that his audiences are very respectful, but of course they think that he is a fool.

    In Sweden, this nuclear thing is very annoying. There are plenty of people who think like I do, but that kind of thinking can make someone very unpopular, especially on the reception and dinner circuit.

    The Greenpeace people recently broke into a Swedish nuclear installation for the purpose of showing that security is bad at those place. Good for them. Sweden can send soldiers to Stone Age countries for one reason or another, but cannot guard the facilities that produce a priceless input for industries and households. No so brilliant are the people who manage our communities, are they?

    Jim Beyer
    11.21.12
    I'd pay good money to see you debate Lovins. I'd even purchase overpriced refreshments.

    Ferdinand E. Banks
    11.22.12
    Thanks Jim, but you would be wasting your time. I've got all the answers I need and deserve for that debate, and it would take me less than five minutes to present them. The rest of the time I would be posing and primping for the audience - or maybe that wouldn't work the same way today as it did when I was teaching finance to young...young....people.

    Michael Keller
    11.23.12
    I'm a little puzzled by the underlying significance of your "5 years or less" construction time.

    I suspect that the Small Modular Reactors now being bandied about in the US could be constructed in well under 5 years, but so what. With their small outputs, they appear unlikely to beat the competition in the US. Namely, inexpensive combustion turbine power plants (both simple and combined cycle) running on our abundant supplies of low-cost natural gas (at least for a while, anyway).

    Seems to me a major driving force should logically be the ability to be the least cost source of reasonably clean power, which tends to make the proposition a local consideration subject to the availability of fuel supplies. However, such an approach is at odds with the witless Germans apparently hell-bent on economic suicide. That also pretty much describes the folks in California.

    The peculiar state of the German psyche leads to the real corundum. Making decisions based on emotion rather than sound judgment. That has been and will likely always be a problem for mankind, particularly as long as you can get somebody else to bail you out for your own stupidity. That brings us directly to your point of the Germans getting their power from say Swedish (or French) nuclear power plants while phasing out their own units.

    Len Gould
    11.23.12
    Good article Fred. Agree completely.

    Micheal. Doesn't it still make sense to reserve your natural gas for peaking purposes, and use nuclear for baseload?

    Ferdinand E. Banks
    11.24.12
    That's right Michael, 5 years or less. Donald Carr, who was research boss for one of the big oil companies, expected the Japanese to get that number down to 3 years, but that was twenty years ago. I tell you what, let's agree on 4 years and let it go at that.

    Well, maybe a few more observations are necessary. The reason that the United States of America can't construct these facilities in 4 years today is because they are obsessed with nonsense. First of all you go to the Swedes and ask them how they constructed 12 facilities in 13+ years. They probably don't remember how, and if they did they wouldn't tell you because they would think that if they knew and told you they wouldn't be invited to somebody's reception or dinner. But I think that the people at the American embassy could find out, and tell Doctor Chu - if he is interested - which is dubious.

    Then you can contact Len Gould and Malcolm Rawlingson and ask them about what in going on on the nuclear front in the People's Republic of China, and after you do these two things, and interpret them correctly, then you know what you need and deserve to know about this issue. Of course you might have to know and believe one more thing, which is that whatever is taking place in China can be matched in THE WORLD - which is what the US was once called.

    About the Germans, Mr Hitler proved in l041 how easy it was to make fools of them when he declared war on the US. But this is serious business for me, because if Germany buys more electricity from Sweden, the crooks and fools at the Swedish utilities will probably send me to the poorhouse.

    Michael Keller
    11.24.12
    Fred, The folks in China are building lots of coal plants as well as conventional nuclear plants, while also building coal gasification plants for liquid transportation fuels. They are also doing a lot of work with more advanced nuclear gas reactors. Seems to me they are spreading their bets pretty well.

    Meanwhile, the US is spending billions and billions of dollars on dopey renewable energy projects, accelerating our decline to a second-rate country.

    Len, as long as we have lots of cheap natural gas, not sure it makes economic sense to build new nuclear plants. Bit of a strategic gamble, however, in that such an approach relies on technology's future ability to pull a "rabbit-out-of-the-hat" when the crunch comes.

    Malcolm Rawlingson
    11.24.12
    The Chinese have currently 26 nuclear plants being built and have been building coal plants at a rate of about one every 2 weeks for several years. They are also working on fast breeder reactors and pebble bed reactors as well as a number of other technologies developed at great expense by the west and abandoned by political ignoramuses. They plan to be energy self sufficient by using fast breeders to create nuclear fuel - note the ONLY technology that can produce more fuel than it uses. Of course they will succeed because they think in the long term not 4 year electoral cycles.

    Unfortunately Michael the US electorate chose another 4 years of dopey renewables because of idiots like Lovins who can talk politicians (who know nothing about science and even less about engineering) that sticking thousands of windmills all over the countryside is the right thing to do....as long as it is not near their homes of course.

    Biomass is an equally stupid idea when it comes to large scale electricity generation since although it may be plentiful, hauling millions of tons of the stuff from where it is produced to a generating plant takes the one commodity we are running short of - oil. No oil no biomass. It is about as dumb as ethanol production from corn - the number one cause of food price inflation around the world...courtesy of the the US.

    But wait - electric trucks are just around the corner.

    Malcolm

    Len Gould
    11.24.12
    "By the last quarter of this century, if ITER and DEMO are successful, our world will enter the Age of Fusion—an age when mankind covers a significant part of its energy needs with an inexhaustible, environmentally benign, and universally available resource." -- ITER—which will produce more power than it consumes: for 50 MW of input power, 500 MW of output power will be produced

    It will be 2075 (if all goes per plan) before we are in a position to build production grade fusion tokamaks, presently anticipated to produce in the range of 2000 to 4000 MWe net out per unit, with some part of the output perhaps needed to produce the deturium and tritium fuels burned. Thats a long time, so if we hope our civilization to remain stable and civil and sustainable until then, we'd better make plans to stretch out our reserves of other energy until then, and beyond, to support the huge construction investments.

    Ferdinand E. Banks
    11.25.12
    Len, I like this business of looking at the last quarter of this century, or maybe even the last half, because there will have to be some serious thinking carried out if the human race is not to return to the caves in the next century. In theory - in theory - no countries are in better shape than Canada and Russia to keep doing business for another hundred or so years, but I am not sure about the two countries that I am most interested in, which are Sweden and the United States.

    Sweden and the US dont get the message, and this may also be true of Canada and Russia, but given the population-area ratios of Canada and Russia, they have quite a lot of slack. Maybe. But as for Sweden and the US, I get the impression that the populations of these countries have lost interest in survival, although they may not know this yet. The reelection of George W. Bush was a catastropic defeat for the culture of the US, and the two candidates for presidency in the US in the recent electrion are best described as pathetic. I mean, they are OK if survival wasn't the issue, but before the present century is over, that is going to be the issue, and the time to begin getting the act together is NOW..

    About energy. I have no doubt at all that before the end of this century, we will have figured out how to get all the energy we need, and where energy is concerned the voters will not stand in the way, but there are some other items that will be just as important, and I am afraid that they will have lost the habit of making rational decisions.

    Len Gould
    11.25.12
    Largely agreed Fred, though I'm not so optimistic about Canada's chances if the US does an epic fail. Russia doesn't have a neighbour with such influence over their future. Did you deliberately leave China off the list because of their in-country resource issues?

    Even 10 years ago I used to cheerfully state that I thought the US constitution was the most admirable example of its type in the world, but after watching US politics lately, I've revised that. It doesn't provide near enough political equality because it was written by the wealthy for the wealthy and doesn't consider how to provide political equality to all people. The parliamentary system with first-past-the-post voting, the senior executive being automatically selected by the group with majority seats in the house, and only a single house (the commons) works far more rationally, democratically and effectively, though IMHO it also cannot work without strict limits on; and public financing of; election spending.

    I've been thinking for 25 years on how a new constitution could exploit modern communication systems to implement a much better system, and believe I have it mostly worked out, though how to put controls on the civil service executive is still a problem.

    Ferdinand E. Banks
    11.26.12
    Len, the great mistake in the US was the reelection of George W. Bush. It doesn't make any difference what kind of constitution we have if the voters cant understand after 4 years what someone like Bush has done to the country. And not just the US.

    I left China off that list because of the population thing. I dont know how they will handle that, and dont want to think about it. But yes, they have been amazingly successful, and I hope it continues to go well for them.

    Malcolm Rawlingson
    11.27.12
    ITER is quite a way off but it is not the only fusion technology being developed and we may well see ITER leapfrogged by other technologies. Len - making tritium is easy once you have the fusion reaction going. The spare neutrons produced (not needed to sustain fusion as they are in a fission reactor) are captured in a blanket of lithium. after a series of decays which i can't remember off the top of my head you get tritium gas produced.. I will have to look that up. But it doesn't take a whole lot of energy.

    The interim energy source is going to be natural gas whch we seem to have very large amouts of. While some years ago burning it to ake electricity seemed a criminal waste (part of me still thinks it is) the newer combined cyle generating plants operate near to 70 % efficiency and at present rates can produce electricity nearly as cheaply as nuclear.

    We will not run out of energy of course - we will just use different sorts of energy. There is plenty of uranium and while people may not generally be fond of nuclear power they are less fond of being in the cold and dark. So we can produce all the elctricity we need for centuries. We also have enourmous amounts of coal that can be converted into oil or gas or burnt directly in power plants. People may not like coal either but it sure beats freezing to death.

    So it is not a matter of running out of energy it is a question of which technology the world dislikes the least and that has nothing to do with abundance or otherwise.

    Malcolm

    bill payne
    11.27.12
    Again Fred.

    True or not?

    Five new generators are on track for completion this decade, including two reactors approved just a few weeks ago (the first new reactor approvals in the US in over 30 years). Those will add to the 104 reactors that are already in operation around the country and already produce 20% of the nation’s power. Those reactors will eat up 19,724 tonnes of U3O8 this year, which represents 29% of global uranium demand. If that seems like a large amount, it is! The US produces more nuclear power than any other country on earth, which means it consumes more uranium that any other nation. However, decades of declining domestic production have left the US producing only 4% of the world’s uranium.

    With so little homegrown uranium, the United States has to import more than 80% of the uranium it needs to fuel its reactors. Thankfully, for 18 years a deal with Russia has filled that gap. The “Megatons to Megawatts” agreement, whereby Russia downblends highly enriched uranium from nuclear warheads to create reactor fuel, has provided the US with a steady, inexpensive source of uranium since 1993. The problem is that the program is coming to an end next year.

    The Upside to a Natural Gas Downturn Marin Katusa, for The Daily Reckoning Monday April 2, 2012

    Malcolm Rawlingson
    11.27.12
    OK - here is the reaction Lithium-6 + neutron = Helium 4 + Hydrogen-3

    Hydrogen 3 is tritium which has a half life of 12.4 years. All it takes is the absorption of a fusion neutron by the Lithium and voila - all the fuel you need for 1000 years.. Not much energy used there.

    All we need to do now is get the fusion reaction to work in a sustained manner. I know it has always been 50 years away but enormous strides have been made in the technology but it is a really big challenge with a really big prize at the end.

    When i was a student of nuclear engineering eons ago even getting the plasma contained inside the torus was a huge challenge. Now that is done routinely in the Joint European Torus. Still 50 or75 years seems along time to wait but for unlimited energy I think it is well worth the wait don't you? Malcolm

    Malcolm Rawlingson
    11.27.12
    Don't worry Bill. Your friendly neighbour to the north has more than enough Uranium to keep your lights on for decades to come. Unless our dear friend Obama decides not to let you import our Uranium like he did with our oil through the Keystone extension. With the worlds richest deposit of U3O8 coming on stream in 2008 at Cigar Lake Saskatchewan there will be lots of fuel for your reactors.

    You build your reactors and we will supply you with fuel.

    And if we do have a falling out - your other friendly but farther away neighbour - Australia - has Uranium coming out of its ears. They will be only too please to provide it to you.

    Malcolm

    Don Hirschberg
    11.27.12
    I suppose I should be surprised at how little mention CO2/climate change I see here.

    I suppose I should be surprised at no mention of the die-off this planet-sized Petri dish will at some point experience. Actually it might be less catastrophic (well no, catastrophes of this size can hardly be compared) if it began now, say a die-off of 4 billion from 7.5 billion (inertia might carry us up to 7.5 billion) down to 3.5 billion.

    We see hints. More places lacking enough fresh water today. More places moving from malnutrition to starvation. More places where crime and antisocial behavior degrades the civilization. More food being used for fuel.

    I don't think it is clear that a die-off to 3.5 billion would be sufficient to attain sustainability. I'd bet on sustainability at 2 billion, world population in1930.

    Ferdinand E. Banks
    11.28.12
    Bill, I cant remember a single moment of a single day when I worried my not-so-pretty head about nuclear fuel.

    The reason is that I know - just as Malcolm knows, and that guy who walked with me down the street in Vienna, hoping that I would take him to meet the girl I knew twenty years earlier, and/or her friend - that the future is the breeder. I dont talk about the breeder, or think about it, and a physicist at Cern told pumb me that they would never be able to build one, but poor dumb me thinks that they will have one that is commercially acceptable in ten year or less in China..

    And Don, the big problem is that the smart love to play stupid. They cant get enough of it.

    Jim Beyer
    11.28.12
    Oil production per capita peaked in 1979. So yes, Malcolm, I think we ARE running out of energy. As least the convenient stuff. So all this talk about nuclear power is of little merit if it doesn't translate into power for transportation.

    Putting on my logical cap, since we have (right now) cheap NG, I'd say more NG vehicles will appear. Or should. But I don't see it happening. At this point, in the U.S., enhancing PHEV technology might be cheaper than adding a NG vehicle fueling infrastructure. We'll see.

    George Kamburoff
    11.28.12
    Okay, you short-sighted folk, who will volunteer to hold the nuke waste for us? How will you guarantee it will remain safely sequestered forever, in Human terms? Where is the money to guarantee that?

    Why would you impose that terrible burden on the rest of Humanity for the promise of "cheap" power that we all know is terribly expensive??

    You folk have told your propaganda for so long, you now believe it yourselves.

    George Kamburoff

    George Kamburoff
    11.28.12
    I was doing scale tests for GE Mark I and II BWR's when TMI II melted down. Met Ed told us they would be back up in a few hours, when we already know the core had melted from a scintillator probe dangled under a helicopter on a long wire, overflying the containment.

    The lies continues for more than a year.

    The tests we were doing were on Safety Relief Valve downcomers in the Suppression Pools. As was shown in the movie China Syndrome (now "playing" in Fukushima), the hydraulic shock from water hammer and the oscillations of released steam bubbles created great physical shock to the facility. We tested many configurations, but none seemed to work well by the time I left.

    That was all revisited in Fukushima 32 years later to the week, where the Torus was cracked, releasing Primary Coolant into OUR environment. We have no idea how many future children we have killed by this hubris.

    You nuclear extremists had 32 years to fix that problem, professor.

    Why didn't you?

    Ferdinand E. Banks
    11.28.12
    Sorry George, but you came to the wrong forum to display your ignornance. I'm not impressed and I dont think that many of the other contributors to this forum are either.

    Nuclear energy gave Sweden a standard of living envied by everyone, until the ignoramuses started sending money to stone age countries. But we are still doing pretty well. As for the nuclear waste, in France that is called nuclear fuel. In so far as Japan is concerned, get the CIA publication on life expectancy. It is longer in Japan than in any of the large and developed countriy to include the one you live in, and those without nuclear. Of course, it is longer in Monoco, but that has something to do with the money of its residents.

    As for the things you cite, the answer is simple. Stop electing morons like George W. Bush and incompetents like Barack Obama. Forget about fighting wars on the other side of the world, and get the gammar schools and secondary schools into the shape that they could and should be in if the decision makers stop dreaming about women that they could have picked up 32 years ago.

    Wonderful comment Jim, but what per capita are you talking about? Global or US.

    Don Hirschberg
    11.28.12
    George wrote “We have no idea how many future children we have killed by this hubris.”

    The data from Hiroshima and Nagasaki suggest none.

    Except of course for those who got fatal or near fatal does of radiation in these cities in 1945 the health and longevity of all the people exposed is no different than that in other Japanese cities. In fact they are overall slightly more healthy. Very careful and comprehensive records have been kept. There is a somewhat greater incidence of one cancer (I don't recall which one) but there are lesser incidence of other ailments to more than off-set this effect.

    Jim Beyer
    11.28.12
    Hi Fred,

    The answer is both. Oil production peaked in the U.S. around 1970. So it's per capita peak occurred then or perhaps a few years before. The World Oil Production per capita peaked in 1979. So that means since then, the world has been making babies faster than its been increasing oil production.

    Tom Blees
    11.28.12
    There's no question that modern nuclear reactors can be built in less than 5 years. Why even argue the point? When GE designed the ABWR back in the Nineties, Hitachi and Toshiba built the first two ever made, in 36 and 39 months, at a cost of about $1,650/kW. About a year later, after fuel loading and testing, they were up and running. If FOAK reactors can be built that fast, the idea that it should take over 5 years is ludicrous, especially considering that the Gen III+ LWRs and PRISM breeder are modular designs. That ABWR experience alone gives the lie to those like Amory Lovins who argue that nuclear can never be economic. And newer modular designs will be at least as cheap and fast to build once the supply chains are in place. The Chinese are building the first AP-1000 reactors for about the same price per kilowatt, and expect the price to drop to about $1000/kW for future reactors.

    You write: "If I were asked to guess, I would say that a commercial breeder is about a decade away, which would have been a certainty before the so-called 'shale gas revolution' (some of which is nonsense). This is not to say that everybody welcomes the breeder, because in a sense it represents the first step into a plutonium community, but unfortunately it happens to be inevitable."

    GE has offered to build the PRISM reactor (breeder or burner, choose your mode) for the UK immediately, and figure it will take about three years to build the first ones. They've even offered to do it with their own money! As for the transition to breeders being unfortunate, the metal fuel with pyroprocessing recycling that the PRISM is designed for is inherently proliferation-resistant. I strongly suggest you read Plentiful Energy by Till and Chang, or if you want something a bit less technical you can download my book, Prescription for the Planet, for free at this URL: http://tinyurl.com/9992kma .

    The transition to breeders is the opposite of unfortunate. They can provide all the energy humanity requires, cleanly and economically, for hundreds of years with fuel (mainly depleted uranium) that's already out of the ground and essentially free. How could that possibly be considered unfortunate?

    Len Gould
    11.28.12
    It is incredible to me that there are still people claiming to be "thinkers" who hold the position of George K. Have they never a) heard of the potential problems of increasing earth's GHG loads?. b) compared the human and environmental damage cause by the alternatives to nuclear power such as coal or natural gas. c) compared the human suffering caused in the undeveloped world largely by lack of access to affordable energy. d) considered the reality that in Canada there is a long list of communities spread across the ancient shield region competing for the privilege of hosting the permanent waste fuel storage facility. e) evaluated medical research on the probably real effects of relatively low level animal exposure to radioactive isotopes such as downstream of Chernobyl. A spike in easily treatable thyroid tumours, then not very much. ??

    peter snell
    11.28.12
    "this talk about nuclear power is of little merit if it doesn't translate into power for transportation."

    Jim, Nuclear heat can provide a LOT of liquid fuel from coal and tar sands.

    Coal liquification with nuclear heat is complicated enough; with NatGas or coal itself as the heat source it is an extremely dirty and carbon-intensive business.

    [Over a long career, I engineered a lot of coal energy and nuclear fuel. Nukes are FAR to be preferred..!]

    Ferdinand E. Banks
    11.29.12
    Tom Blees, there are plenty of reasons for questioning and arguing, because whether you know it or not, very many people are NOT interested in the truth about nuclear and a lot of other things that are just or more important. When Mr Leggett got into my face in Singapore I was amazed, because I thought that only money and sex could upset someone as much as he was upset. Well, it was money - he has some entrepreneurial activity that involves solar something-or-other. For him, hearing that a nuclear facility could be constructed in 5 years was like hearing that he was on his way into the poor house.

    But if you are wrong or I are wrong, or Legget or George W., that is OK. What is not OK is that Dr Chu won't tell the voters what you told me in your comment. The voters and anybody else with an opinion in this matter, and tell them every morning and night until they get the message. Then I can think about something really important, like American football.

    Jim Beyer
    11.29.12
    Peter,

    I dunno about "a LOT" of liquid fuel from nuclear, but it can certainly be done. Germany did coal-to-liquids during World War II in a panic setting. And South Africa does it. But certainly more expensive and dirty and definitely lowers the bar some for electric vehicles to compete (due to higher fuel costs).

    In any case, I could see oil production declining faster than new nuclear could make up for it. If we were serious about what you are proposing, we'd be building such plants already.

    Clinton gets a thumbs down for cancelling IFR, but a thumbs up for PNGV (if only by accident).

    Fred Linn
    11.29.12
    -----------" I dunno about "a LOT" of liquid fuel from nuclear, but it can certainly be done. Germany did coal-to-liquids during World War II in a panic setting. "-------

    Without the use of nuclear power.

    Fischer-Tropsch process is exothermic---it produces more energy than it consumes.

    Coal is not necessary---all that is necessary is a source of carbon. This is converted to primarily carbon monoxide and hydrogen(synthgas). Synthgas is then converted to hydrocarbons of any chain length required to provide the desired product by the use of catalyst beds and the manipulation of heat and pressure.

    Coal has the distinct disadvantage of containing large amounts of contaminants, primarily sulphur and bromines along with heavy metals that poison the catalyst beds and shut down the reforming process. It self destructs the catalyst beds than create the long chain hydrocarbons.

    Biomass does not contain the contaminants that coal does, and is the prefered feedstock for this reason.

    Don Hirschberg
    11.29.12
    Suffer this old man some nitpicking.

    “Fischer-Tropsch process is exothermic---it produces more energy than it consumes”

    In days of yore within the first few pages of science text books we are reminded that energy can neither be created nor destroyer. Exothermic processes, such as the burning of a candle, are decidedly exothermic, but the heat energy so produced is less than the energy of the wax consumed. The heat of reaction produced light, melted the wax to make liquid fuel, heated air,and “pumped” combustion air to and flue gas away from the candle.

    A Wikipedia article tells us the Fischer-Tropsch Process is 25% to 50% efficient. I don't know what this means as there are many F-T versions and further I cannot understand exactly how a “process efficiency” is calculated. If it means the heating value of the products is only 25 to 50 % of the charge stock then the overall e (thermal efficiency) would be very poor.

    I am sure if one set his mind to it he could make perfectly good drinking water from beer.

    Ferdinand E. Banks
    11.30.12
    In terms of physics, and comparing energy-out with energy-in, the Fischer-Tropsch process may have been a bad deal, but if you deal in e.g. dollars instead of BTU, it can make sense. South Africa is a perfect example. Coal was cheap and motor-fuel must have been very expensive, so while the energy exchange rate was bad, the FT arrangement made sense.

    Of course in the long run this was a losing game, or so the argument goes, Where the long run is concerned, I suspect that Germany in l945 provides a good example.

    Don Hirschberg
    11.30.12
    Professor, I don't think we have differences about Fisher-Tropsch. I was pointing out that Fred Linn (unintentionally I'm sure ) was seemingly touting F-T as a perpetual motion scheme – more energy out than in.

    The white Union of South Africa had to do things pretty much on their own with what they had. And did remarkable y well considering that almost the whole world found reasons to hate them.

    Germans in WWII found themselves in about the same situation having to use coal to make liquid fuels - with the added annoyance of almost daily bombings toward the end of the war.

    Fred Linn
    12.1.12
    ------------" such as the burning of a candle, are decidedly exothermic, but the heat energy so produced is less than the energy of the wax consumed. The heat of reaction produced light, melted the wax to make liquid fuel, heated air,and “pumped” combustion air to and flue gas away from the candle."-------- thermal Because some of the energy given off is in the form of light, not heat. The sum total of energy emitted (heat, light, sublimation, air motion) is equal to the energy consumed from the fuel(candle). The difference between the energy that was given off as light divided by total energy consumed = thermal efficiency.

    Fireflies produce light by metabolism with an enzyme called luciferase. Luciferase produces light directly by metabolic routes that do not produce heat. Luciferase is 100% efficient at producing light. If you want light, produced efficiently, catch fireflies.

    ----------" Fred Linn (unintentionally I'm sure ) was seemingly touting F-T as a perpetual motion scheme – more energy out than in."-------------

    When biomass is used as the feedstock, 100% of the energy input is from the sun. About as close to perpetual motion as we get, although, the sun could go out at any time. We wouldn't even know it until 8 minutes after the fact.

    Tom Blees
    12.1.12
    "Jim, Nuclear heat can provide a LOT of liquid fuel from coal and tar sands..."

    That's not going to do a whole lot for climate change. Far better to make ammonia with spare nuclear energy, and run vehicles on ammonia. Entirely doable.

    As for producing "a LOT", consider what would happen if coal- and gas-fired power plants were replaced by nuclear plants (leaving hydro and renewables at current levels). That would mean that we had sufficient (mostly nuclear) generating capacity to meet peak demand. Depending on the location (percentage of industrialization, etc.), peak demand is 2-3 times average demand. Since nuclear plants run just fine 24/7 and fuel cost is trivial (with fast reactors essentially free), that means that we could have the energy equivalent of 100-200% of total electricity demand as excess power. With that you could most definitely produce "a LOT" of liquid fuel. All we need, and if it's ammonia you could forget about exacerbating climate change, and leave the oil and coal in the ground. So when do we start?

    Don Hirschberg
    12.2.12
    Fred Linn, we have a problem of definitions. I consider fossil fuels for example as stored sun energy. I also consider hydro as sun energy as it was the sun that evaporated the water we get as rain. The energy we and horses expend is more directly from the sun – chlorophyll and all that stuff or from eating animals who depended on chlorophyl.

    The notable exception is energy from messing with the atomic nuclei here on earth rather than on the sun.

    When one makes an energy balance one draws an envelope around any process, or any part of a process and adds up the energy entering and leaving. The sum is always zero.

    The usual product of Chemical Engineers was a Heat and Weight Balance, or more elegantly a Mass and Energy Balance. (Energy was expressed in heat units.)

    Long ago the US Patent Office stopped considering any submission that claimed more energy out than in. That would acknowledge perpetual motion was possible.

    I once thought of a way to destroy energy. Use energy to compress a spring and wire it in the compressed condition. Dissolve it in acid. The energy to compress the spring is gone! Nope, an identical un-compressed spring will dissolve less vigorously and produce less heat.

    There have been innumerable clever schemes to create or destroy energy. All proved to be invalid.

    Incidentally plants do not use sun energy very efficiently – a process we are utterly dependent on. I have seen the efficiency as about 20%.

    I don't know beans about fireflies except that I remember catching them and putting them in a mason jar. Do you suppose they are the sole violators of the Laws of Thermodynamics?

    Fred Linn
    12.2.12
    ----------" The notable exception is energy from messing with the atomic nuclei here on earth rather than on the sun."----------

    The only reason that you have atomic nuclei to mess around with is due to supernova explosions of stars. It is where they came from(also where YOU came from) All the matter, in all the universe is Stardust---hum, sounds like a good song title..

    The energy of the sun comes from comes from fusing hydrogen atoms up through the periodic table until it reaches Fe---at which point the star goes nova and explodes.

    ----------"

    ----------" Incidentally plants do not use sun energy very efficiently – a process we are utterly dependent on. I have seen the efficiency as about 20%"-------

    Well, maybe so----but they are efficient enough that they supply you with the food you eat, clothes you wear, house you live in, even the air that you breathe.

    Photosynthesis has been the basis of most life on earth(with the exception of a few extremophile species) for about 1.5 billion years. It is the reason you even exist to play around with metal springs and acids.

    Len Gould
    12.2.12
    Don "Incidentally plants do not use sun energy very efficiently – a process we are utterly dependent on. I have seen the efficiency as about 20%." -- Actually Don, most plants struggle to get to 2% efficiency of conversion of solar energy into plant matter. The most efficient plant known, sugar cane of the C4 grass family, is somewhere between 5% and 8% efficient, depending on conditions (and whose doing the measuring I suspect|).

    By the time one calculates in the energy spent on planting, fertilizing, harvesting, transporting and processing sugar cane into anything useful, the net energy efficiency is down below 2%. For corn, way below 1%.

    What that tells us is that any strategy to use biomass as an energy source would be much smarter if replaced by solar photocells deployed in the same fields. Around 15% net efficiency, no need to constantle replant or irrigate or fertilize, output into electricity, the most useful form of energy we know of, and readily and efficently transported. My estimates place the comparisons at about 300 to 1, eg for every 300 hectares of biomass crops cultivated, just one hectare of solar photocells would provide the equivalent net output energy.

    Len Gould
    12.2.12
    Photosynthetic efficiency - Wikipedia

    Fred Linn
    12.2.12
    What is the efficiency of your solar cell

    Fred Linn
    12.2.12
    What is the efficiency of your solar cells if you stack them 200 or 300 ft. thick?

    Plants do that.

    How much carbon dioxide do your solar cells remove from the atmosphere?

    Plants do that.

    Do you like to breathe? Every single atom of oxygen in every single breath of air that you take is there because of plants.

    Plants do that.

    Do you like to eat? Every single bite of food that you have ever eaten was there because some plant somewhere took in CO2 from the atmosphere, combined it using solar energy and formed carbohydrates---then stored that solar energy in the form of sugars, starches, lipids, or proteins. It produced biofuels. Biofuels you need to stay alive.

    When you compare solar cells to plants for efficiency----also include the storage of the electricity that the solar cells produce, and the efficiency of converting it back again from chemical to electrical energy. Plant biomass is already stored solar energy.

    Add it all up----your solar cells are downright puny in comparison to plants.

    BTW----plants also work in the dark---photosynthesis has two cycles, light and dark. The light cycle stores the solar energy in the form of activated ATP---the dark phase uses the ATP to do the chemical magic.

    Len Gould
    12.3.12
    As we all love plants, Fred Linn, I recommend that we use the other 299 hectares to let nature grow what would normally grow wild, and not cut them down and plow the land every year.

    Don Hirschberg
    12.3.12
    “...let nature grow what would normally grow wild...” Hallelujah, the solution to the population problem is revealed.

    I'd estimate that as a hunter/gatherer civilization the earth might support maybe a hundred million people - 1/70th of the present population. And what's so bad about that?

    Case in point. In 1500 the area of the US today had a population of perhaps 1 or 2 or even 3 million, not because the people didn't know how to procreate but because they didn't know how to supply enough food to keep people alive. And these people were not strictly hunter gatherers – some practiced agriculture.

    Using the largest estimate that would be only 1/100th of present population.

    Fred Linn
    12.3.12
    Don-----you might want to practice up on your hunter/gatherer skills a bit before you start crowing too loudly.

    As a life long historical renactor I meet a lot of people who mistake technology for intelligence.

    If you think Clovis man was a dull witted brute-------try knapping some flint spearheads to the technical and artistic superiority achieved by humans between 16,000 BP to 12,000 BP. Many Clovis points recovered are easily sharp enough to perform surgery with-----and in fact obsidian(one of the most used Clovis stones) is used today to make eye surgergy instruments.

    Then go out an kill and butcher a mammouth with your stone tools, (Mammouths were commonly 2-3 X the size of modern elephants)

    The more I see, the more I have come believe that technology makes people stupid.

    That is just my opinion however.

    bill payne
    12.3.12
    Fred,

    Interesting stuff you write

    Good witting is getting your idea across with a minimum numbers of words?

    Regards,

    gpogle 'embedded controller forth for the 8051 familiy' '

    :)

    Fred Linn
    12.3.12
    Thanks Bill. I enjoy history very much. To appreciate history---you have to immerse yourself in it----to put yourself in the place that others were in, to think as they thought, do what they did, that is how you understand.

    I love to travel. To other places, and other times.

    There are so many things to be discovered.

    -----------" Hamlet: And therefore as a stranger give it welcome. There are more things in heaven and earth, Horatio, Than are dreamt of in your philosophy."---------

    http://www.enotes.com/shakespeare-quotes/there-more-things-heaven-earth-horatio

    Don Hirschberg
    12.3.12
    Fred Linn, Your tactics are so transparent. You in effect attribute to me things I never said, never came close to saying, and then attack me for saying them. I believe it's called setting up a straw man. I am surprised others do not recognize it.

    As to Clovis Man I understand there is not much archeological evidence that very many ever existed in the SW. If they depended on killing animals for subsistence they could not keep many people alive at one time. And that evidence was only discovered rather recently, to an old man. They were Stone Age men who would have been dependent on stone points.

    Whether there are any human sites in America earlier than 10,000 years ago is still controversial. There is a wonderful Mammoth excavation and museum just south of the Black Hills of South Dakota. Many mammoths perished there because they could not get back up the banks of a little lake they had likely gone to for water.

    Don Hirschberg
    12.4.12
    When we (Europeans) arrived in America we found people who had no written language, no arithmetic, and no wheels. They were prehistoric by definition – i.e. no (written) history. They basically wore animal skins. They had no cities nor schools. Anything too heavy to carry was dragged - mainly by women. Imagine, nobody on the continent who could read or do arithmetic.

    If Plato or Copernicus, or Galileo, or Newton, or Einstein or Darwin had been plopped down among them would they have made the least difference? These men would have had no shoulders to stand on. Perhaps men of equal merit had been plopped down among them.

    For a hundred years we have had a measure of what's stupid and bright. A number. A measure of cognitive ability. For a hundred years over the screams of idealists, social liberalism, and sincere do-gooders we have tests that measure cognitive ability quite well. Statistically. Less accurately individually.

    No body likes these IQ measurements. Koreans, Japanese, some other eastern orientals at 105. USA citizens less minorities at 100+, Many European countries at 100. (Asian) Indians, South Americans, Southern Asians at 85. American Blacks at 85, and sub Saharans at 70.

    Ferdinand E. Banks
    12.4.12
    The idea here is really very simple Bill, and I repeat it as often as I can. If you like nuclear great. If you like wind and solar wonderful - or maybe super wonderful. But wind and solar cannot replace nuclear.

    The ignoramuses at the EU say that the US is going to be more competitive than EU countries because of their increased supply of energy. Ceteris paribus, they are NOT going to be more compeitive than Sweden, where ceteris paribus in this case means15 years ago or earlier. These days, the fools in this country's government and universities are determined to ruin the place

    Ferdinand E. Banks
    12.4.12
    I'm not going to dispute the numbers in your comment Don, because I cant tell you how disappointed I am at what is taking place in the US these days. By that I mean scrapping the culture in which I grew up (except of course for the great American football) But having been in South America, I dont believe for a minute that they lack the IQ in some of thouse countries to do what they are doing in Korea and Japan. An IQ meansure that covers ALL of South America is....well, you know.

    Of course, I remember when some Brazilians visited the engineering school in Stockholm many years ago. I was surprised at the number of Asians.among them I was not surprized though when Brazilian naval cadets surrounded my girl friend in the middle of Stockholm. As a matter of fact I was kind of pleased.

    Fred Linn
    12.4.12
    ----------" As to Clovis Man I understand there is not much archeological evidence that very many ever existed in the SW."----------

    The name 'Clovis Man" was given because the first discovery of Clovis tools was made in a cave near Clovis, New Mexico. Which is, I believe, in the southwest US.

    Don----------" When we (Europeans) arrived in America we found people who had no written language, no arithmetic, and no wheels. They were prehistoric by definition – i.e. no (written) history"----------

    No written language? Well, let's see, there was Aztec, Mayan, and Incan that we know about.

    No arithmetic? Well, they had enough knowledge of numbers to construct cities and pyramids to rival the the pyramids of ancient Egypt and and Rome at the height of it's glory. When Cortes rode into the Aztec city of Tenochtitlan----it was at least 4-6 times larger than any city in Europe at the time. That would take a lot of understanding and organization just to set up and maintain.

    The Mayans had developed a calender system that is still accurate today within a small fraction of a second after a 5,900+ years cycle.

    Don Hirschberg
    12.4.12
    All through this discussion I referred to the area of the present USA – i.e. not Central America. I should have been more careful in my last comment. (To avoid reiterating when I was a student we could use the words Usual Simplifying Assumptions.)

    We will soon have a demonstration of Mayan(?) knowledge. Didn't Cortes' mere handful of men conquer the Aztec Empire? The Aztecs sacrificed so many virgins that the demographics were adversely affected. If memory serves the idea was to cut out a still-beating heart. Next best entertainment to TV?

    Again, sorry that I did not qualify my statement(s) well enough.

    Fred Linn
    12.4.12
    The smallpox virus that Cortes and his men carried defeated the Aztecs---not any great military brilliance on the part of Cortes.

    Don Hirschberg
    12.4.12
    Professor, I too fear for my country. I suppose many would say it is merely a disease of old age but I find people today are dumber, lazier, fatter (less self-disciplined) and more venal than in my memory. Hardly recognizable.

    The IQ's I cited are averages. As I noted above: “...we have tests that measure cognitive ability quite well. Statistically.” Of course there are many bright Brazilians.

    Your contacts were not a sample of the population, quite the opposite. When I started up an oil refinery near Manaus (1,000 miles up the Amazon 1956(?) there were small naked aborigines within walking distance into the jungle. One did not venture into the jungle because they had one example of technology, blow gun darts tipped with curare. They were Brazilians as was the engineer brought in to show us how to start up a very large synchronous motor.

    Fred Linn
    12.4.12
    BTW----Hernando Cortes is far more representative of the dredges of human society than a hero.

    As repulsive as the religious practices of the Aztecs seem to us today----taken in the context of what the Spaniards were doing throughout the Carribean where ever they set foot----------The Aztecs by comparison seem as polite and civilized as afternoon tea with the Queen Mum.

    Len Gould
    12.4.12
    Fred Linn. Your using to my statements regarding relative efficacy of biomass v.s. solar energy to introduce a totally irrelevant discussion of hunter-gatherer societies is a complete misdirection, attempting to avoid the point. The point being, of course, that supporters of biomass energy in nearly any form are simply not thinking logically.

    Fred Linn
    12.4.12
    ---------------" The point being, of course, that supporters of biomass energy in nearly any form are simply not thinking logically."-----------------

    Good----:"logic" like yours, the blind adulation of "progress" , and the persuit of wealth fueled by greed and avarice are the main motivational factors that are causing the problems we face today,.

    I know exactly what you are saying-----and it is completely wrong.

    But you are not wise enough to know or even listen to what I'm telling you.

    -------------" The white man is very clever---but he is not very wise."-----------------Red Cloud

    Ferdinand E. Banks
    12.5.12
    Don, we were both in the US army about the same time, and there was no doubt at all in my mind that the training given all except the elite units was damned poor. The people responsible lacked both imagination and intelligence.

    Now it is completely different. They have finally figured out how to turn average Americans into soldiers. But outside of that, what the hell are we going to end up with? The friends and neighbors are getting dumber, and it is possible to hear language on prime time TV that you couldn't hear in the barracks. Is that really going to be the American future?

    Len Gould
    12.5.12
    Fred Linn, I guess I must be the dumb stump you believe, because I just cannot see how you can claim "higher moral principles" because you support getting (whatever amount of) energy YOU deem necessary by continuously planting 300x hectares of crops using intensive farming methods, irrigation, fertilizer, transportation and processing machinery etc. rather than doing a one-time installation of 1x hectares of solar generation. And if your claim is you could do it while not using intensive farming, forget it. Cutting yields by 1/3 in that way simply results in worse comparisons, such as 900x hectares of cropland v.s. 1x

    Len Gould
    12.5.12
    Don. Stephen Pinker (Harvard College Professor and Johnstone Family Professor in the Department of Psychology at Harvard University.) says, in "The Blank Slate", [quote] My own view, incidentally, is that in the case of the most discussed racial difference -- the black-white IQ gap in the United States, -- the current evidence does not call for a genetic explanation. Thomas Sewel has documented that in most of the 20th century and throughout the world, ethnic differences in IQ were the rule not the exception. Members of minority groups who were out of the cultural mainstream commonly had average IQ's that fell below that of the majority, including immigrants to the US from southern and eastern Europe, the children of white mountaineers in the US, children who grew up on canal boats in Britain, and Gaelic speaking children in the Hebrides. The differences were at least as large as the current black-white gap but disappeared within a few generations. For many reasons, the experience of African Americans in the US under slavery and segregation is not comparable to those of immigrants or rural isolates, and their transition to mainstream cultural patterns could easily be longer. [/quote]

    Hmmmm. Don't I recall from somewhere that you are yourself a child of "white mountaineers" or "rural isolates"?? Perhaps you're simply exhibiting some personal sensitivity?

    Jim Beyer
    12.5.12
    "white mountaineers" ?? Do you mean hillbillies? Go ahead and say it.

    I've heard IQ has risen about 10 points per generation on all fronts. So that's a good thing. (Ever notice no one hardly plays checkers anymore?)

    In my opinion, the problems today is not about IQ. It's about the logical consequence of social structure that has built up without proper constraint and circumspection.

    Note: $70 Childbirth

    How did we let a natural process like that become so expensive? (Yeah, they're too many of us, but that's beside the point right now...)

    Don and Fred bitch about how things are worse now, but it's not about the people. It's about the undue complexity, some evitable and some inevitable, of society.

    Fred Linn
    12.5.12
    Len-------- " Fred Linn, I guess I must be the dumb stump you believe, because I just cannot see how you can claim "higher moral principles"........"--------

    Where did I say ANYTHING about planting crops for biofuels?

    Crops are only one way of making biofuels. Biofuels can be made from any type of biomass at all, including sewage and landfills. It is being done right now. Methane is both a fossil fuel and a biofuel. Methane can be produced low tech, easily and inexpensively from anything-----sewage, agricultural and other organic waste----it is called composting. And the final product is compost----the richest, most fertile soil you can get, and clean water. The two most valuable resources on earth.

    We have plenty of sewage and waste already. And we need to treat the sewage and waste anyway.

    As for your 300 hectares-----land accounts for only 30% of the earth's surface. And aquatic plants grow at phenomenal rates because they are not limited to usage of available water supplies-----they have all the water available that they can use. Algae can double their biomass every 48 hours.

    Can your solar cells double their output every 48 hours---for free, with no human intervention? Algae can. And some species of algae store energy in the form of plant lipids(oil)---as much as 60% of the biomass volume. Directly usefull as a straight gallon for gallon substitution for petroleum.

    Cleverness is knowing how to do something-----wisdom is knowing when and when not to do something.

    Both solar cells and biofuels have their place. Each can fill needs that the other can not. I think we should use solar cells where they work best-----and biofuels doing what they do best.

    Len Gould
    12.5.12
    Jim. Agreed on costs, though those numbers really surprise me at how high they are. More surprising to me is that even though the US spends that kind of money on medical care, your outcomes by nearly every measure, are worse then any other OECD nation.

    Nationmaster - Life expectancy by Nation

    What's shocking is how FAR down the list one has to page before encountering the US. (49th in world).

    Ferdinand E. Banks
    12.5.12
    Speaking of life expectancy, Fred Linn should check out the global results. According to my statistics, Japan is the most nuclear intensive country in the world (taking into consideration the ratio of nuclear capacity to area), but even so they have the longest life expectancy - excluding of course Monoco and a few other rich city-states, where money keeps the population hale and hearty years after the larger non-nuclear nations.

    Len Gould
    12.5.12
    Jim. Found this about Canadian Childbirth costs, 2011, prices charged to non-citizen patients. Accounting for inflation, pretty much matches the old 1940's bill mentioned in your article.

    "The average cost per patient of an uncomplicated vaginal delivery in a Canadian hospital was $2,700#151;for a complicated delivery it was about $3,200 per patient. For all vaginal births combined, the average cost per patient was $2,800."

    Settlement.org, website offering advice to new imigrants to Canada

    Noteworthy is that, though Canadian medical bills for giving birth are < 20% of those in US which you cite, infant mortality rates in Canada are far lower than those in the US. Looks like you guys should be doing some serious complaining and investigation.

    Don Hirschberg
    12.5.12
    Professor, we have previously well established that we assess our Army training far differently. I rate my training as very good. I rate my Army as very good. Both better than I expected.

    I know very little about the post Korean War Army. I do know this all-volunteer Army is able to be fussier than the largely conscripted Army of the Korean War. (I had been automatically deferred for a couple years as a a six year Engineering student.

    I found all this business about Basic Training being so awful was a bunch of nonsense. I thought I had died and gone to heaven: three good meals, clothes, bed, health care and education – all for free!! Even got paid to boot. I was treated well. While it sometimes wrangled I learned that the Army way did usually turn out to be the best way.

    Many soldiers were washed out of early Basic. Basic training is very expensive. They went on to cook and bakers school, truck driver school. Quarter Masters units.

    I see today to enlist the military one must have a real HS diploma (equivalents not ordinarily accepted) , I don't know about crime records, and score 31 percentile on the AFQT. That's 31 percentile based on all test takers. While not strictly an IQ test 31 percentile would require perhaps an IQ of over 90. Blacks and Hispanics average less than 90. In the Korean War the the Infantry, Armor and Artillery qualification (mental and physical) were much higher than everything else, well not higher than the Signal Corps on test scores.

    Malcolm Rawlingson
    12.5.12
    Fred, You're correct that we do have plenty of sewage and other wastes that can be converted to methane. There is in fact a project in Vancouver where the methane from sewage plants is cleaned compressed and fed into the gas pipeline system. The "compost" as you call it is useful as fertilizer but of course you carefully forget that the fertilizer so produced has to be delivered to the farms and that takes trucks. BIG trucks that guzzle diesel at a rate of 5 to 8 miles to the gallon. So the biofuel economy does not make any energy sense and is incapable of providing the energy needs of a modern economy. Also many farms will not use human waste for growing crops due to the preponderance of heavy metals in said waste. Mercury and lead to name just two.

    All of the industrial processes you cite are energy intensive and either involve hauling large volumes of waste materials from one place to another or require lots of electrical power to process the material. While your ideas seem simple enough to implement - on the scale necessary they are very difficult to implement and require large amounts of input energy.

    No doubt they will work on a small scale but on a scale necessary to run all the nice things we westerners enjoy I really question whether they can do that.

    Malcolm

    Malcolm Rawlingson
    12.5.12
    There was some talk earlier about fast breeder reactors and the Chinese development of the same. The British United Kingdom Atomic Energy Authority developed a fast breeder reactor in Dounreay in Scotland which operated very successfully for 25 years or more. It was in fact the very first fast breeder in the world to produce its own fuel from a breeder blanket of Uranium 238. So we know the technology works so if we ever do run out of natural Uranium (which we will not) then using breeders allows us to keep going just about indefinitely. So all you worry worts that are concerned the human race is going to run out of energy - well - we won't. Dounreay was a 250MW reactor with a core about the size of a large garbage can (dustbin in English) and the technology is well proven.

    So once again folks there is LOTS of Uranium on this planet it is about as plentiful as tin, the so-called nuclear waste has lots of unused Uranium in it and we have the capability to create more fuel than we use by deploying fast breeder technology. Therefore more energy available than we know what to do with.

    And for the Global Warming Fraternity nuclear power gives you unlimited energy at low cost with no carbon dioxide emissions. What is not to like about that.

    Of course the idiot politicians in Sweden and elsewhere will finally see the light once China and India replace the US as global superpowers fueled by cheap nuclear energy while we shovel horse manure into some biomass converter trying to beat the laws of physics.

    Seems to me that the poorest countries in the world run just fine on biomass - as long as you don't mind riding a horse to work or loading slabs of dried cow dung into your furnace each night. Sounds like a terrific idea to me - I am sure Obama could sell that idea to the masses.

    Malcolm

    Don Hirschberg
    12.5.12
    Len, unless you also examine the ethnicity and race and illegitimacy rates of the people involved the statistics can be very misleading. This means infant mortality, school achievement, drop-out rates and crime rates. One case in point: Free inoculation s are offered but few single mothers can be bothered. Sad but true. Was the child wanted in the first place?

    Malcolm Rawlingson
    12.5.12
    And for George K who is long on rhetoric and REALLY short on facts. The Japanese recently performed a robotic inspection of the inside of the "damaged" torus of the worst affected reactor at Fukushima and found NO and I repeat NO CRACKS.

    So what you have determined to be facts are news media reports and speculation. The real situation is the torus is undamaged and survived the earthquake and the tsunami quite well..

    I can only presume that reactor development improved after you left since you do not have a clue about reactor engineering.

    Malcolm

    Malcolm Rawlingson
    12.5.12
    I would not worry about birth rates and unwanted children Don, with the US birthrate at an all time low the US will be following Japan down the road of millions of old folks supported ( or not) by a few younger folks. The world will belong to those who have the children. Japan will disappear, so will the US. It is simple arithmetic. The world will belong to India, Pakistan, Phillipines and Indonesia. Malcolm

    Don Hirschberg
    12.6.12
    I confess that until today I had never heard the words White Mountaineer or Rural Isolate. Quite clever, and obviously meant as an insult just able to lurk below the radar.

    I only became an Ozark hillbilly after retiring and I don't find the intelligence of my neighbors in any way subservient to any of those in the dozens of countries, provinces (including three in Canada) , and many states I have worked in.

    It is quite easy to embarrass the US. But who else can you attack? Consider the facts.

    I have no particular arguments with your cited Canadian Harvard Professor because he is only one of numerous people who have input into the subject. With no responsibility.

    Ferdinand E. Banks
    12.6.12
    Don H., when it comes to the US Military, nobody can tell me anything. I may not know about energy, and I flunked out of the university my first year, and I failed this and failed that, but when it comes to the UNITED STATES ARMY yours truly knows everything he needs and wants to know, and Mister that is a lot.

    The reason the Korean war went the way that it went is becaus the planes needed to win that war were kept in Europe and the US in order to fight a war that was never going to take place. A war with RUssia. If those planes had been rushed to Korea the first week of the war, you would never have been called back in to make smoke for Uncle Sam, and I would have been cheated out of the most wonderful years of my life.

    As for what you think of as your country but not mine, I have the opposite point of view. When the American electorate reelected George W. Bush I know that they had given up on the USA that I knew, but not me, because I know what we did in the great years after Pearl Harbor.

    Len Gould
    12.6.12
    Don and Fred. You guys think you're pessimists, you should read W. Lippman's "The Public Philosophy". Compared to him on the question of the future of democracies (not just the US but everywhere) you guys are a positive ray of sunshine.

    eg. pp 38 [quote] That is why governments are unable to cope with reality when electrd assemblies and mass opinions become decisive in the state, when there are no statesmen to resist the inclination of the voters and there are only politicians to excite and to exploit them. There is then a general tendancy to be drawn downward, as by the force of gravity, toward insolvency, towards the insecurity of factionalism, towards the erosion of liberty, and towards hyperbolic wars [/quote]

    [sarcon] Of course Lippman wrote this shortly after WWII, looking back on the total mess that the democracies had made of the decision processes in the first half of the 20th century. I'm sure he would be a lot more optimistic now ;<) [sarcoff]

    Len Gould
    12.6.12
    Malcolm, actually the US is the only OECD nation which still has a replacement plus a bit birth rate, around 2.05 per female. Other nations, like Canada (1.59), China (1.55), Japan (1.39), are now way down, meaning their populations will shrink noticeably without immigration.

    List of sovereign states and dependent territories by fertility rate - Wikipedia

    Ferdinand E. Banks
    12.7.12
    Malcolm, a phsicist at Cern assured me that a breeder will never be constructed, and I am sure that the former boss of the Swedish energy establishment - also a PhD in physics - would assure me of the same thing if we had ever had a quiet discussion, and I could refrain from called him an ignorant fool.

    Now let's see, who am I to believe - you or them?. This is what they call an ISSUE. I like the guy at Cern, because he seems to have the right idea about everything except nuclear physics, while the Swedish guy is in Japan now. I hope that he finds what he is looking for, and her name was Suziko when I was in that part of the world.

    Don Hirschberg
    12.7.12
    Professor you have told us many times of your early academic failures. Seems you consider flunking out earns you a badge of honor to be proudly worn forever. You tell us with remarkable frequency how very stupid the Swedish government and the premier Swedish University is, how stupid the US population is for electing Bush II.

    You seem to delight in denigrating US generals, Eisenhower and MacArthur, at every opportunity . I find your analysis of the Korean War quite naive. Actually Insulting.

    I am a veteran of WWII and Korea. My WWII service is merely a technicality, as the A-bombs had already been dropped by induction, but my Korean device was not merely a technical. Neither I nor any of those I knew even considered dodging the draft.

    Soon after the cease-fire in Korea I received a letter from the Pentagon offering me early release. Probably because I was also legally a WWII veteran and that there were millions more in service than impending peacetime could support.

    My Army was true blue. I went though three layers of often tough basic training. I went through tougher OCS. I am not a bit embarrassed to say that the day I got my bars was a memorial day – and I was proud.

    I doubt whether professor Banks understands the decisions a commissioned officer had to make.

    Jack Ellis
    12.7.12
    I'm loath to put a damper on the party but perhaps we could steer the conversation back to energy and away from personal attacks?

    A couple of facts to ponder:

    1) The USGS has published an assessment that estimates shale oil deposits in Utah and Colorado contain 4-5 trillion barrels of petroleum. It's not clear the stuff is recoverable at any reasonable financial and environmental price but that's enough oil to meet current world demand for about 150 years, give or take.

    2) Richard Mueller at UC Berkeley teaches a course from which he's written a book called Physics for Future Presidents. In that book, he notes the fact that cancer rates in Denver, Colorado, elevation 5,000 feet, are lower by a statistically significant degree compared with the US average. It could be that Denver residents live a healthier lifestyle but they are also exposed to higher levels of cosmic rays than the population at large, which tends to support the statistics from Japan.

    3) In a recent op-ed piece, the same Richard Mueller made the common sense point that moving elderly people from a familiar environment to an unfamiliar environment, which is what happened in the area surrounding Fukushima after the tsunami, might result in more premature deaths than the relatively low levels of radiation that were released into the environment.

    4) I was more concerned about getting a CT scan (140x as much exposure as a single chest x-ray) than I am about a potential radioactive release from one of California's nuclear power plants. On the other hand, I'm willing to bet that the same folks who are complaining about the purported radiation hazard from digital electric meters would not think twice about having the same CT scan.

    Let's face it, our fellow citizens are not terribly thoughtful or rational. They'd rather accept information at face value than do some independent research to validate specious claims. It seems like we need some objective, rigorous research to better understand the effects of low radiation doses (what a novel thought), unless its already available.

    Jack Ellis, Tahoe City, CA

    Len Gould
    12.7.12
    Jack. Agreed your positions, but it's not the politicians etc. who need these facts as much as the reporters of mass media. If those people had even a modicum of common sense none of the crap from Greenpeace etc. would get out. Or maybe they just report whatever will get lots of audience? Don't see any solution to that, beyond properly educating all the public.

    One thing, it's impressive how many of the same people who will complain about such irrationality regarding science in the public are the same ones who will complain about paying teachers properly, or having society do the minimum normally necessary to keep students in schools.

    Don Hirschberg
    12.7.12
    Len, the teacher situation in the US is a bundle of paradoxes.

    A hundred years ago it was the brightest students who became teachers rather than becoming factory or farm workers. The attainment level of students in multi-grade rooms was really quite amazing. The teacher with no more than a HS education somehow coped with large class sizes – and never had the benefit of a course in “Theory of Education” or “Self esteem.”

    There was no “security.”

    Now we wouldn't dream of letting someone without a teachers college degree and a state Teaching Certificate into a class room. An engineer cannot teach arithmetic. Today very few of the brightest HS students aspire to be school teachers. Those who do are most likely those who hate science and math and avoid courses beyond the minimum.

    At universities those in Teachers College have the lowest average test scores. Most teacher courses lack the rigor of other colleges of the same university. Arkansas requires teachers to pass a test. Test takers with degrees from some universities with high minority candidates have many failures. A private school near me, Lyon College, has never had a graduate fail the state test. Those who fail can re-take the test. If they eventually pass they can teach from now to eternity. It is nearly impossible to remove a teacher. Poor achievement gets perpetuated.

    An aside. When I was in grade school in the '30s attendance was usually 100%. One didn't stay home with a runny nose. One stayed home when the city nailed a quarantine notice on your front door. Today I see 10% absentee rates as normal.

    Ferdinand E. Banks
    12.8.12
    Don, don't waste your time trying to tell me about the US Army. Dwight Eisenhower was a Republican and a general, and I am a Democrat, and I couldn't wait to get to the polling place to vote for him. He was a great American and a great officer. As for MacArthur, he was a disgrace to the uniform, and in case you need something to remember him by, General Omar Bradley called him monumentally stupid.

    About my failure in engineering school. It was one of the best things that ever happened to me. My failure in army leadership school was better though, and getting fired from Hughes aviation in LA was tops. All the times I failed my army officer candidate interviews were also great, as were my inability to get professorships and even academic jobs here in Sweden. There is a Jewish aphorism about luck in bad luck and, well Lieutenant, they got it right..

    And Don, the teacher situation in the US is NOT a bundle of paradoxes. Obama and his government have failed to give the US the schools they deserve. Why l should we be concerned about democracy and freedom in stone age countries with the schools we have, and the attack on our culture. Failing was great for me because I found out how to give and take a punch, play American football, and start gang fights - or riots as some people call them. And as for my failures being treated as a badge, you should ask my wife about that: she's damned sick and tired of hearing about them.

    Don Hirschberg
    12.8.12
    Professor, you wrote: Obama and his government have failed to give the US the schools they deserve. I don't know what this means. “Give” “his government?” “Deserve?” Schools are not even in the provenance of the federal government. The quality of schools is largely the quality of the students. Harvard students are great because only great students get in. West Point students are great or those with political clout get in.

    Further, the problem existed long before Obama. your "Gang fights and riots? What in the hell are you talking about?

    I have worked in many of these united states , UK, West Germany, Italy, Spain and Japan. In Jordan, Puerto Rico,Canary Islands, Philippines, three provinces of Canada, Panama, Brazil. I have never witnessed a “gang fight or a riot.” Sure, I have witnessed Russel's “better Red than dead pacifists in Trafalgar Square and demonstrations in Tokyo and Manila. I never saw an effective blow struck.

    Ferdinand E. Banks
    12.9.12
    A young gentleman from the US visited Uppsala a few weeks ago, and gave a complicated econometric/statistical 'thing' about schools, and how efforts are being made to get more efficient teaching. At the end of the lecture I told him that the rotten schools in Chicago are rotten because about five percent of the students should be receiving another kind of training. I wont bother to go into what kind, but my experiences in the US Army made it clear that nobody should be labeled hopeless - as I was by the neurotic Dean at IIT.

    About riots, gang fights, being shot at and so on and so forth, you dont know any thing about that because that is a kind of experience over your head. Please let me mention though that when boxing was reintroduced on the West Point curriculum, there was a rash/outbreak of young future officers urinating in their shorts. In so far as the intelligence of Harvard students is concerned, please let me say that I have never seen any proof of that where the present topic is concerned. If they were as brilliant as you probably think they are at Harvard and MIT, they would take steps to avoid being taught by morons - which is what many, though not all of their teachers are.

    As for Obama not failing the schools, please let me ask who did fail them, because a lot of failing has taken place. He and his foot soldiers are too dumb to mention the schools, and in the American future everybody is going to pay for that omission.

    As for the universities, brilliant American veterans like myself have no access to the faculties, because half baked foreigners have some sort of priority. Of course, when you have spent 11 or 12 years being invited to all the parties and dances of your international finance students in a country like Sweden, employment in most of those countries you mentioned was probably unnecessary, to include 'The World'. I hope that you get what I mean.

    Unless I am mistaken, I was relieved from my 'acting gunnery officer'' position at Hardt Kaserne in Germany after three months, because there was some information somewhere about my taking part in two riots. I had one year left in that kaserne, and I can tell you that in every way it was marvelous. Absolutely wonderful. And as for the 'acting gunnery officer bit that I am selling now, in Germany it was unofficial, although at Fort Lewis it was official, and Lieutenant, did I show the decision makers something.!

    Len Gould
    12.9.12
    You're an interesting fellow Fred, not doubt about it. It's a good thing I'm not one of those amateur psychoanalyst types, or I might suppose (but never say of course) that many of your claims about your past amount to a form of "camouflage by aggression" or "camouflage by misdirection".

    Malcolm Rawlingson
    12.9.12
    Professor Fred - of course you should believe me regarding fast breeder reactors - and everything else nuclear - because I am right. I have been in the control room of Dounreay (before it was taken to pieces) and it is a technology that does indeed work. So the person that told you such a reactor was not feasible is - to put it mildly - an idiot. But then, because one works at CERN does not necessarily make one smart and I have met many people with degrees in physics that could not tell you how to open a beer can in a thousand words or less. As for the former boss of the Swedish energy establishment - the track record speaks for itself.

    Jack Ellis makes some good points above about the paranoia wrt radiation. Most folks are quite happy to get zapped with doses of radiation exposure thousands of times greater than any nuclear power plant will ever expose you to on the whim of some doctor. There is significant evidence that routine breast cancer screening actually causes more breast cancers than it cures but telling that to the ignoramuses who promote that indiscriminate radiation exposure and you will be heralded as a charlatan and a hater of women. No one has been hurt as a result of the Fukushima reactors yet to hear the media you would think a million or two died. As Jack said moving thousands of old people out of their homes for long periods of time on the risk of radiation exposure no more than a couple of chest x-rays is very likely to kill more people than if you left them where they were.

    Len made a good point about the average birth rate by stating that the US is the only OECD nation with a replacement rate above 2 but the big news in those recent statistics is the plummeting birth rate among immigrant women - particularly the Latino population. If THAT trend continues of course the birth rate will fall well below the 2.05 per female quoted. Exactly who is going to pay for the medicare for all the old folks that Obama promises...better think about that. We are not producing enough children to pay for what we demand now let alone the future.

    The fundamental reason why Japan is in the tank economically and will stay that way for a long long time is directly related to birth rate. In a nation of old people who buys cars? Who buys houses? Who needs a new Nikon camera when you're 85? With a nation of grey haired people and no immigration the Japanese economy will collapse. It is inevitable and it has already started. Despite massive injections of cheap money the Japanese Government cannot get the economy moving and the reasons are obvious. As Japan goes - so does the USA and Canada. The ONLY reason Canada is not in the same serious trouble as Japan is that it has relied heavily on large influxes of young immigrants to supplement its flagging birthrate.

    But western economics - just like the USA and Japan and ALL the other OECD countries relies on kicking the financial can down the road to the younger generation to pay for except the younger generation will be few and far between and is not going to pay for it.

    Malcolm

    Don Hirschberg
    12.9.12
    I notice that 70 years (plus a week) ago the first controlled nuclear pile operated under the Stagg Field stands on a squash court at the University of Chicago. Fermi's team brought us into the nuclear energy age. A year after Pearl Harbor. At that time most people didn't even know what to call those guys, physicist was not a common word. Physics was a HS course where you learned how to calculate the velocity of falling objects and that F=ma. Some of us learned the difference between power and energy, between heat and temperature. I do say some, as most people making grand decisions for us don't understand these words (concepts) to this day.

    I was reminded of this by Len's post above referencing psychiatry. Prior to Enrico Fermi's pile Freudians, not physicists interested young people. Psychiatry was then the exciting stuff. (Much of it eventually proved to be ;nonsense, but a new field resulted.)

    Camouflaged Aggression? Perhaps. I don't know. Nearly every idea and word meaning in the mental health field has changed frequently during my life.

    Ferdinand E. Banks
    12.10.12
    Len, when the Dean of Engineering at IIT called me hopeless, he changed my life. But when I went back to IIT after my first enlistment in the army I did not look for him to thank him, or to... During that tour at IIT I was first in five or six of my classes, and last in surveying. I took surveying to use when I went back in the army, because I wanted the artillery. When I went back there on a visit after my second enlistment, it was to tell Jerry Pirafalo, who ran the barber shop, that I saw him knock a gentleman out in a boxing match at Ansbach Germany, and win our brigade the boxing championship. I wrote about it the next day in Stars and Stripes, the military newspaper, that Lieutenant Don Hirshberg probably read when he was issueing all those fancy orders

    About the University of Chicago. I failed the entrance exam there after I finished high school, and when I applied for entrance after graduating with honors in economics (and engineering) they did not answer my application. I know a teacher at Harvard, and I asked him to thank them for refusing me. Chicago on one hand, and Stockholm on the other. What kind of fool would I have been if I had taken the former. When I was working as an applied mathematician and systems analyst in the Chicago Loop, I used to jog past Chicago U. with a smile on my face. I often played touch football there on sundays, and once I gook a girl to a lecture there in the Political Science Department. I dont have a smile when I think about that now - I laugh. I've applied to teach there of course, and also at IIT, and my mail to them includes a few camoflaged insults. Not business or personal of course, but entertainment.

    But I am not a perfect teacher. You see, I dont like failing people. If they fail I blame myself. But we have a wonderful system here in Sweden, or had one anyway. If they fail that can take the exam again, maybe a couple of times, and soon after the first time. Maybe a couple of times. and I used a trick or two that I learned in the army in Germany when I had to sit in an office at night with an officer. I TOLD HIM TO GO TO BED, BECAUSE WHEN I WAS ON DUTY AT NIGHT I DIDN'T SLEEP AT ALL. Do you get it Lieutenant? That isn't too deep for you, is it?

    bill payne
    12.10.12
    Hello Fred,

    Still curious.

    True or not?

    Five new generators are on track for completion this decade, including two reactors approved just a few weeks ago (the first new reactor approvals in the US in over 30 years). Those will add to the 104 reactors that are already in operation around the country and already produce 20% of the nation’s power. Those reactors will eat up 19,724 tonnes of U3O8 this year, which represents 29% of global uranium demand. If that seems like a large amount, it is! The US produces more nuclear power than any other country on earth, which means it consumes more uranium that any other nation. However, decades of declining domestic production have left the US producing only 4% of the world’s uranium.

    With so little homegrown uranium, the United States has to import more than 80% of the uranium it needs to fuel its reactors. Thankfully, for 18 years a deal with Russia has filled that gap. The “Megatons to Megawatts” agreement, whereby Russia downblends highly enriched uranium from nuclear warheads to create reactor fuel, has provided the US with a steady, inexpensive source of uranium since 1993. The problem is that the program is coming to an end next year.

    The Upside to a Natural Gas Downturn Marin Katusa, for The Daily Reckoning Monday April 2, 2012

    Regards,

    http://www.prosefights.org/solarlight/solarlight.htm#schematic1

    Malcolm Rawlingson
    12.10.12
    Bill, Yes the information above is perfectly true. Looking at the global supply of Uranium there is currently a shortfall between what is mined from the earth and that which is consumed by the operating nuclear reactors around the world. The shortfall is anywhere from 20 to 30% depending on whose numbers you believe. The difference is made up from the Megatons to Megawatts program plus some recycling of spent fuel - mostly in France. Of course when the program comes to an end in 2013 (the Russians have no inclination to renew it) then there will be a theoretical shortfall between what is produced and what is consumed. The Uranium market is not a traded market like copper is - for obvious reasons - but the price of Uranium is very low at present. This means that new mines will not be opened at a price of about $42 per pound and that of course will exacerbate the pending shortfall. Fortunately for the USA your friendly neighbour to the north is sitting on the worlds richest deposits of U3O8 and is about to start operating the Cigar Lake mine in Saskatchewan which will be able to deliver all the Uranium you need for decades to come. That is of course if Mr. Obama does not block it like he did the Keystone pipeline. Of much greater importance than the 5 reactors being built in the USA is the 27 under construction in China which also plans another 50 or 60 to follow them. By 2020 China will have more nuclear capacity than the USA. This massive increase in Uranium demand will undoubtedly stretch the already tight supply. Oddly the impending shortage is not reflected in the price of the material but that is just a matter of time.

    If you want to learn more about Uranium supply and demand please go to the World Nuclear Association website. It has lots of useful data about the subject.

    Malcolm

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