Could Experimental Thermonuclear Reactor Save the World From Peak Oil?
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The investment community is familiar with the threat posed by ‘Peak Oil’, and Resource Investor has done its part to keep its readers informed on the situation with articles highlighting some well-known prognosticators including Boone Pickens, Henry Groppe and Matt Simmons, and the threat they see of a crisis emerging.
What investors, and those who ponder the future of cheap energy might not be aware of is an international project at the experimental stage called the “International Thermonuclear Experimental Reactor (ITER),” that could supply “enough electricity to last the world for the next 1,000 years.” Indeed, the word ITER means “the way” in Latin.
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