The Chinese are running away with thorium energy, sharpening a global race for the prize of clean, cheap, and safe nuclear power. Good luck to them. They may do us all a favour.
Princeling Jiang Mianheng, son of former leader Jiang Zemin, is spearheading a project for China's National Academy of Sciences with a start-up budget of $350m.
He has already recruited 140 PhD scientists, working full-time on thorium
power at the Shanghai Institute of Nuclear and Applied Physics. He will have
750 staff by 2015.
The aim is to break free of the archaic pressurized-water reactors fueled by
uranium -- originally designed for US submarines in the 1950s -- opting
instead for new generation of thorium reactors that produce far less toxic
waste and cannot blow their top like Fukushima.
"China is the country to watch," said Baroness Bryony Worthington,
head of the All-Parliamentary Group on Thorium Energy, who visited the
Shanghai operations recently with a team from Britain's National Nuclear
Laboratory.
"They are really going for it, and have talented researchers. This could
lead to a massive break-through."
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