LFTRs in 5 minutes - Thorium Reactors
A short video of Kirk Sorensen taking us through the benefits of Liquid Fluoride Thorium Reactors, a revolutionary liquid reactor that runs not on uranium, but thorium. These work and have been built before. Search for either LFTRs or Molten Salt Reactors (MSR).
The main downsides/negatives to the LFTR are technology, politics, corrosion and the general public being scared of nuclear radiation. Liquid Fluoride Thorium Reactors were created 50 years ago by an American chap named Alvin Weinberg, but the American Government realised you can't weaponise the by-products and so they weren't interested.
Another point, yes it WAS corrosive, but these tests of this reactor were 50 years ago, our technology has definitely improved since then so a leap to create this reactor shouldn't be too hard.
And nuclear fear is extremely common in the average person, rather irrational though it may be. More people have died from fossil fuels and even hydroelectric power than nuclear power.
No, it would not collapse the economy (yes, people actually ask this question)... just like the use of uranium reactors didn't... neither did coal... This is because you wouldn't have an instant transition from coal... oil... everything else to thorium. We could not do that. Simply due to the engineering. Give it 50 years we might be using thorium instead of coal/oil (too late in terms of global warming, but that's another debate completely), but we certainly won't destroy the earth's economy. Duh.
And yes he said we'd never run out. Not strictly true... bloody sceptics ... LFTRs can harness 3.5 million Kwh per Kg of thorium! 70 times greater than uranium, 10,000 greater than oil... and there is over 2.6 million tonnes of it on earth... Anyone with a calculator, or a brain, will understand that is a lot of energy!!