Economics of Cold Fusion LENR Power US Department of Energy

The long cold fusion summer is winding down and the race to LENR engineering is heating up. With mainstream news and science entering the fray (US News) and (European Union-Directorate-General for Research and Innovation) the likely-hood of an October Surprise becomes imminent. Hundreds of political, energy industry, and environmental organizations have been contacted by Cold Fusion Now activists in the past months. The subject of cold fusion LENR power may enter the presidential debate through Peace and Freedom Party presidential candidate Rosanne Barr. (article)

Presidential candidates are advised to be prepared.

Here we provide a framework for future analysis of how the worlds’ economics will be affected by the advent of cold fusion. In this article we explore the Department of Energy 2013 budget looking to possible changes that will take place, by 2040, due to the engineered technology of cold fusion/LENR power. Other budgets will be analyzed in upcoming articles.

Economy

 

Economy can be experienced as the words’ Ancient Greek roots imply:

Oἰκονομία (oikonomia, “management of a household, administration”) from οἶκος (oikos, “house”)

+ νόμος (nomos, “custom” or “law”), hence “rules of the house(hold)”

Economy experienced as care and management of a home; money, energy, and love are essential.

The home of humanity is the Earth. A healthy home is what we all need. We now know that healthy habitats for the diversity of all life are required for our home to be healthy. Our heritage and our destiny may be the same in this regard… a healthy vibrant earth, teeming with life.

This encompasses the hopes and dreams of millions of people today.

Not so far in the near distant future…
     
       “The world has completed converting to the clean, nearly free and unlimited, energy of the nuclear reactive environment of cold fusion. The race to conversion occurred at a breakneck speed never before seen in the adoption of a new technology. Fueled by both environmental and economic imperatives, this rapid conversion has changed the landscape of national and international economics.
       The Department of Energy reflects this change. The 2040 DOE budget has increased funding for what was once a small part of their budget. Now among the highest priorities of the DOE are; reducing nuclear dangers, ensuring the environmental cleanup of  national nuclear weapons complexes and power generating sites, and abandoned oil wells, refineries, and pipelines, and coal mine clean up.
      The funding in the DOE 2040 budget ($9 billion) for these programs comes from monies made available within the DOE budget from programs cut as we exited the carbon and uranium energy era. ” -US News 2040

 

Now

 

The world economic scenario that we face today is full of monetary surplus when energy costs are replaced by energy that has little monetary value. This monetary surplus, unleashed and redirected, will be used to meet needs that are presently left unfulfilled.

Monies made available from budgets adjusted by cold fusion LENR power are staggering. To categorize these monies begins the process of imagining and creating the new economic landscape of cold fusion LENR power. To use even a portion of these monies wisely holds the potential of empowering a new renaissance of humanity and stewardship of Earth.

 

Energy and the DOE

 

Here is the history of the DOE and EIA. These organizations help us take a look at the economics of energy in the US of A today.

The 1973 oil crisis called attention to the need to consolidate energy policy. On August 4, 1977, President Jimmy Carter signed into law The Department of Energy Organization Act of 1977 (Pub.L. 95-91, 91 Stat. 565, enacted August 4, 1977), which created the Department of Energy.

The U.S. Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. The Department of Energy Organization Act of 1977 established EIA as the primary federal government authority on energy statistics and analysis. EIA programs cover data on coal, petroleum, natural gas, electric, renewable and nuclear energy.

EIA’s Fiscal Year 2013 budget is $116,365,000 and is an example of an office of the DOE that will be discontinued with the advent of LENR power.

Using these EIA tables (and a cost for subsidies) we estimate the amount paid for energy annually in the US.

Annual Energy Review 2010 – October 2011 (link)

  • Table 1.5 Energy Consumption, Expenditures, and Emissions (page 13) Expenditures for energy (by end user sector) in the U.S. for 2010 are estimated by the DOE to be…

 

$1,204,827,000,000

  • Table 3.4 Consumer Price Estimates for Energy by End-Use Sector (page 75) Lists 2010 end use sector energy costs an estimated average of $22 per million Btu.
  • Table 1.11 U.S. Government Energy Consumption by Agency (page 25) All federal government energy consumption for 2010 is around – 1,112,000,000 million Btu.” The U.S federal government probably pays less for energy than the end use sector. No data is available, we place the price at a low cost average of $15 per million Btu.

 

$16,668,000,000 

  • It is estimated the US spends up to $52 billion annually helping the oil industry with $10 billion in subsidies and $42 billion in security to protect access. True costs of aid and subsidies may be much higher.
  • Annual Oil Subsidies and Support by U.S. are estimated to be… “$10 to $52 Billion” (Price of Oil .org)
  • History of U.S. Oil Subsidies Go Back Nearly a Century (Yahoo News) “When the study adjusted for inflation to 2009 dollars, the oil and gas industry received subsidies amounting to $1.8 billion per year in the first 15 years of the fledgling industry. The American Coalition for Ethanol estimates that when combined with state and local government aid to large oil companies, subsidies amount to anywhere from $133.8 billion to $280.8 billion annually from all sources of taxpayer aid that goes to the oil and gas industry.”

 

$52,000,000,000

$1,273,495,000,000 total – Estimated annual US energy expenditures


Department of Energy 2013 Budget

 

Energy Programs (Appropriation Summary – pdf) Programs cut are in green.

  • Energy Efficiency and Renewable Energy…………$ 2,337,000,000
  • Electricity Delivery and Energy Reliability………….. $143,015,000
  • Nuclear Energy………………………………………………$770,445,000
  • Fossil Energy Programs:
  • Clean Coal Technology……………………………………….$16,500,000
  • Fossil Energy Research and Development………………$420,575,000
  • Naval Petroleum and Oil Shale Reserves…………………$14,909,000
  • Elk Hills School Lands Fund……………………..…………..$15,580,000
  • Strategic Petroleum Reserve…………………..…………..$195,609,000
  • Northeast Home Heating Oil Reserve…………………..……$4,119,000
  • Subtotal, Fossil Energy Programs………………….……..$650,792,000
  • Uranium Enrichment D&D Fund……………………..…..$442,493,000
  • Energy Information Administration…………….………..$116,365,000
  • Non-Defense Environmental Cleanup…………………..…$198,506,000
  • Science…………………..…………………………………….$4,992,052,000
  • Advanced Research Projects Agency-Energy…………….$350,000,000
  • Nuclear Waste Disposal………………………………………..$2,800,000
  • Departmental Administration…………….…………………$122,595,000
  • Inspector General…………………..…………………………….$43,468,000
  • Innovative Technology Loan Guarantee Program……….$169,660,000
  • Advanced Technology Vehicles Manufacturing Loan………$9,000,000
  • Total, Energy Programs………………….………….$10,175,731,000,000

 

Atomic Energy Defense Activities National Nuclear Security Administration

  • Weapons Activities………………..………………………….$7,577,341,000
  • Defense Nuclear Nonproliferation…………..…………….$2,458,631,000
  • Naval Reactors………………….……………………………..$1,088,635,000
  • Office of the Administrator……………..……………………..$411,279,000
  • Total, National Nuclear Security Administration…….$11,535,886,000

 

Environmental and Other Defense Activities

  • Defense Environmental Cleanup…………………..………$5,472,001,000
  • Other Defense Activities………………..……………………..$735,702,000
  • Total, Environmental & Other Defense Activities……..$6,207,703,000
  • Total, Atomic Energy Defense Activities………………$17,743,589,000
  • Southwestern Power Administration…………….…………..$11,892,000
  • Western Area Power Administration…………….…………..$96,130,000
  • Falcon & Amistad Operating & Maintenance Fund …………..$220,000
  • Colorado River Basins…………………………………………………..n/a
  • Total, Power Marketing Administrations……………………..$85,242,000
  • Subtotal, Energy, Water Development and Related Agencies…$28,004,562,000
  • Uranium Enrichment D&D Fund Discretionary Payments….$463,000,000
  • Excess Fees and Recoveries, FERC ……………………………………n/a
  • Rescission of Balances………………………………………………………..n/a

 

Total, Discretionary Funding by Appropriation………………….$27,155,072,000

Monies from programs discontinued with the

advent of cold fusion LENR power

$9,396,234,000

33% of the 2013 Department of Energy budget

 

Government Revenue and Taxes

 

Every energy transaction is taxed, every step of a fuel extraction process is licensed and permitted, and untold thousands of retailers barter in energy.

Every government depends on income from taxes on energy and revenue from the licensing and permitting of energy purveyors.

Economies will adapt and fund lost government income using money left over when we pay a fraction of the money for the energy that now costs us one trillion two hundred seventy-three billion four hundred ninety-five million dollars a year.

This letter was sent to the DOE and ARPA – E

 

To whom it concerns,

Please contact the DIA, Navy, and NASA for information regarding LENR power technology that is (quote NASA) “being engineered in real time” (end quote).

 As mandated you are to develop, protect, and secure our energy resources. From the 2013 DOE budget, “The Budget includes funding to maintain and expand the deployment of new models of energy research pioneered in the last several years, including $350 million for the Advanced Research Projects Agency–Energy (ARPA-E), a program that seeks to fund transformative energy research.”

Your Agency is charged with transformative energy research, technological commercialization/industrialization, and “outside the box” energetic breakthroughs.

What I do not understanding is… Why is there no mention of LENR science on your website? Leaders in this art are within your sister agencies. Thousands of people are informed, reading the following articles each week; yet it seems you aren’t aware of LENR power technology within the U.S. administration.

These two series will bring you up to date.

Thank you,

Cold Fusion Now .org

The LENR NASA Series (link)

The LENR Obama Series (link)

 

FURTHER READING

 

America’s Future in Space:
Aligning the Civil Space Program with National Need

by the ‘Committee on the Rationale and Goals of the U.S. Civil Space Program’

of the ‘National Research Council’ (book) Free on-line book.

“The national priorities that informed the committee’s thinking include ensuring national security, providing clean and affordable energy, protecting the environment now and for future generations, educating an engaged citizenry and a capable workforce for the 21st century, sustaining global economic competitiveness, and working internationally to build a safer, more sustainable world.”

Apply Space Research and Technology to Stewardship of Earth

“Earth has a dynamic and fragile ecosphere. And it is home to life as we know it now and in the foreseeable future. However, humankind, by virtue of its numbers and its use of energy, now threatens the planet that supports its very existence: for example, by affecting climate and exhausting resources. Proper stewardship of Earth is thus an urgent responsibility of all people.”

“While everyone, from individuals to countries, must be better stewards of planet Earth, the committee believes that the United States, as a global leader, bears a special responsibility to share its expertise and the knowledge and understanding it develops on how best to care for the planet. Americans must accept a global responsibility, or risk abandoning this important moral high ground to others.”

Innovation for America’s Economy, America’s Energy, and American Skills

The FY 2013 Science and Technology R&D Budget (link)

“Reflecting the Obama Administration’s continued recognition that science, technology, education, and innovation are central to America’s ongoing economic recovery and essential to the Nation’s future prosperity, the President’s Fiscal year (FY) 2013 Budget calls for strategic increases in the U.S. research and development (R&D) enterprise and a strong focus on science, technology, engineering, and mathematics (STEM) education. The President’s 2013 Budget achieves these important investments by identifying comparable offsets in other areas, resulting in a deficit-reducing discretionary budget that is frozen at 2011 levels for the second year in a row in compliance with the spending caps imposed by the Budget Control Act of 2011. The President’s 2013 Budget sustains the Administration’s commitment to building and fueling America’s engines of discovery in order to expand the frontiers of human knowledge; promote sustainable economic growth with a focus on advancing American manufacturing; cultivate a home-grown, clean-energy future; improve healthcare outcomes for all Americans at lower cost; address the mounting challenges of global climate change; manage competing demands on environmental resources; and reinforce national and homeland security.”

Other R&D highlights in the President’s 2013 Budget (compared to FY 2012 enacted) include:

  • $11.9 billion (up 8%) for DOE R&D, with $5 billion for its Office of Science (up 2.6%)
  • $9.6 billion (up 2.2%) for National Aeronautics and Space Administration R&D
  • $7.4 billion (up 4.8%) for NSF
  • $2.6 billion (up 5.6%) for the U.S. Global Change Research Program
  • $1.8 billion (up 4.1%) for the National Nanotechnology Initiative
  • $729 million (up 26.3%) for Department of Homeland Security R&D
  • $718 million (up 6.4%) for U.S. Geological Survey R&D
  • $708 million (up 13.8%) for NIST’s intramural laboratories
  • $580 million (up 2.1%) for Environmental Protection Agency R&D
  •   $35,740,000,000 total 

 $1,273,495,000,000  U.S. 2010 energy expenditures are almost 40 times the science budget.

 

THANKS!

The photo at the head of this article was gleaned off the web from an article by…
“The Kennesaw Watch: Creating Accountability and Transparency in City Government”

Titled – “Where is the Youth Money Tree?” April 25, 2012 (article)

I love the picture and the meaning it imparts. Viewing it you get the impression the money coming off that tree will be put to good use… the care of a home.  – gbgoble

 

Problems Problems Problems

 

Enjoy!

Problems Problems Problems

Oy Vey!

Go ahead…

Take the plunge!

Dive deep beyond

The surface of the

Problem

and

Find yourself suspended

In a sea of solutions

Infinite

In their…

Manifestation

Variety

and

Form

Enjoy!

Problems Problems Problems

Oy Vey!

Go Ahead…

 

 



 

16 Replies to “Economics of Cold Fusion LENR Power US Department of Energy”

  1. A good article Greg. I shall reference it across to peakprosperity.

    The way I see it is that the USA has made a deal with OPEC that all oil will only be sold in US dollars. This makes US dollars valuable. In order to get US dollars other countries have to offer their resources to the US. The US can then buy from overseas with their printing press.

    A dim view is taken by the Pentagon of anything that messes with this arrangement. Col Gadaffi wanted to sell his oil for gold. He won’t be doing that again.
    On the other hand the Pentagon is well aware that if they do not stay ahead of the technological game they will go the way of the Ming dynasty. Therefore they allow just enough research into Cold Fusion to allow it to hobble along, but not enough for it to get out of control.
    The people doing this research can easily be shut down, but the Pentagon dares not to.

    Do not underestimate the forces at play here.

    1. Energy will loose its’ value… perhaps 1/40th the value to 1/100th the value of todays’ costs.

    2. Being an integral part of a soon to be declining industry like oil will be in itself meaningless; like supplying leather to the harness industry pre-automobile. There is little than can be done in the face of a disruptive innovation. What is important is to think globally and first is the reduction of the environmental nasties. China with its massive coal consumption needs to be quickly tamed. The US being a net energy importer should in the final balance come out ok as compared to the exporters who will need help adjusting.

  2. A friend of mine who is a Christian Darwinist put it quite succinctly… Evolve or die. If we do not continue our evolution into beings of pure love and caring… we will all die.

    The profit motive is a force to respect, yet our collective survival instinct may be stronger.

  3. I estimate the existing energy infrastructure at about 100 trillion dollars. What happens when that value drops rapidly and then evaporates completely (and then becomes worth less than nothing)? Don’t get me wrong, I am not advocating putting LENR into a dark cave and sealing the entrance, I am just pointing out that there are two sides to this coin (winners/losers).

    1. You are correct,

      Yet when monetary surpluses are released the “losers” may just be pleased if not placeted. When energy is devalued a whole lotta peoples are gonna be left holding the bag. We will adjust.

    2. the value of the energy infrastructure is the one of their energy production capacity.

      if you replace existing infrastructure with one 10 times less costly producing the same, it will have the same value…

      of course their will be a change of value due to the increase of productivity… good inflation, growth, reduction of work, increase of life style…

      work and cost are not the goal of economy.

      what is demanded is production. If you can have more for less, that does not reduce it’s value, that increase the value of work and investments.

      what will happen to obsolete asset like coal mines, is that we will choose between dumping them (with a cost), or using them for new usage.
      but anyway, the new LENR power infrastructure will have the same value as the old one, allowing people to be better paid to produce them… (in fact more complex since producers and consumers will share the bonus, increasing job wages in a coherent way)
      productivity increase.

      1. “Nearly Free and Unlimited”

        The laws of supply and demand dictate that a glut lowers cost yet what you say is true… energy still has value for what it can do (produce), and the greater value of LENR energy is that it ‘can do ‘ for less and with a smaller ecological footprint. GREAT VALUE – LOWER COST and no HIDDEN COSTS

        This is an ADVERTISEMENT (just kidding)

    3. Brad what you say is true.

      The rapid advent of really cheap energy will…

      1. Make present day energy supply (across the board) unprofitable.

      2. Create ‘winners’ and ‘losers’.

      Yet a whole lotta’ money spent in operational expenses for energy will be freed up. Quite an exciting time to be in when so much expense is decreased. The winners outnumber the losers in this regard.

      Energy at 1/40th, or even 1/15th, the cost will transform national and international economics.

      Especially when supply needs no protecting.

    4. To Brad Arnold: Mr. Arnold. How did you arrive at your calculation of $100 trillion as the existing energy infrastructure? Thank you.

      1. Look to stock… 100.75 trillion. Options and futures are through the roof… do not get caught with your pants down… holding the bag. Sell short. Or not at all… pay attention now. Ooops! ALL GONE.

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