Jed Rothwell wrote:

Horace Heffner wrote:

Second, this would put the Energy Fund beyond the reach of the taxpayers, where no publicly funded organization should

They answer to no one, and they waste billions of dollars mainly on lunatic environmental destruction: megaprojects that dump concrete into forests, national parks, rivers, and the ocean. About 55% Japanese coastline has been ravaged by this (Kerr, p. 19), and nearly all of its rivers. No one benefits from this but the construction companies and the "amakudari" ("descent from heaven") retired government officials who run the institutions. They pocket millions of dollars.

Amazing story Jed. Thank you for sharing it. Would it be fair to say that they are attempting to make a Japanese garden out of the country? I thought that they had more of a reverence for the natural environment.

I remember back in the '70's it appeared that the Japanese model of picking emerging technologies, and then making investments of public money was going to kick our butts, but they are in worse shape then we are. It appears that a good idea will get funded. If someone would produce a LENR based technology what was commercially feasible, it would get funded. The private capital, chaotic development model has proven itself yet again.




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