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 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




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…



  • 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.



  • 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.”



$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


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)




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.



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



Problems Problems Problems

Oy Vey!

Go ahead…

Take the plunge!

Dive deep beyond

The surface of the



Find yourself suspended

In a sea of solutions


In their…






Problems Problems Problems

Oy Vey!

Go Ahead…




The Emergence of LENR and it’s Predictable Effect on the Economy

To estimate how the emergence of LENR in the market place will predictable impact the US economy, it is best to study the known effects higher oil prices have.

US demand for oil arises from demand for the products that are made from it. When the price of petroleum products increases, consumers use more of their income to pay for oil-derived products, and their spending on other goods and services decline.

Every penny of increase in gas prices takes one billion dollars out of the U.S. economy. So when the price of gas goes up $1, that’s one hundred billion dollars sucked out of the U.S. economy, or about $1000 a year out of the typical American household.

Furthermore, oil is necessary for the production of a wide range of goods and services, because it is used for transportation in businesses of all types. Higher oil prices can cause worker layoffs and idling of plants if the cost increases can’t be passed onto the consumers, or cost increases cause consumer demand to slack.

Finally, higher oil prices cause increases in other energy prices.

Currently, LENR energy technology is little known and the market does not seriously expect it to be commercialized soon. That perception will change, (arguably) starting with the first independent confirmations of Defkalion LENR technology, continuing to grow with the first LENR generators introduced to the market, and finally reaching a fever pitch as the mass media bombards the public with analysis of future LENR applications, fueled by the sky high cost of oil.

According to Defkalion, 18 factories have been sold, and when each one is built it will produce 300,000 LENR generators per year. According to Rossi, construction of his first factory will begin in February, and will eventually produce a million LENR generators a year. Presumably the blue prints for this heavily automated plant will be cloned repeatedly thereafter. Such rapid expansion will very likely result in a public relations storm, and consequential market reaction.

There will be no immediate significant decrease in fossil fuel usage due to the commercialization of LENR, but there will predictably be a dramatic psychological impact. Investors will see the medium and long-term implications of significantly lower energy prices, and consequentially lower the assessed value of soon-to-be obsolete energy infrastructure, conventional energy companies, and long-term contracts for their relatively expensive product.

Furthermore, as the creative destruction of our current conventional energy infrastructure proceeds, more resources will be devoted to new and better ways to exploit the LENR exothermic reaction. As more and more LENR generators come on line, the trend will drive down the price of energy in the future’s market.

When the price of energy decreases, consumers will use less of their income to pay for energy-derived products, and their spending on other goods and services will predictably increase.
Furthermore, since energy is necessary for the production of a wide range of goods and services, lower energy prices will predictably cause the hiring of more workers and the expansion of plants because the cost decreases won’t always be passed onto the consumers, or cost decreases will lead consumer demand to increase.

To summarize, in my opinion the best way to estimate how the emergence of LENR onto the market place will effect our economy is to look at the know effects of higher oil prices. Take for instance the current spike in oil prices: just when companies have finally stepped up hiring, rising oil prices are threatening to halt the U.S. economy’s gains. On the other hand, LENR will predictably lower energy prices, amplifying U.S. economic gains.

Cheaper products, more jobs, more money to spend – WOW! The positive feedback effects could mean geometric economic expansion. The future will be so bright, we’ll have to wear shades!

Proposed new currency would be backed by E-Cat energy

A new effort to address both the ensuing global economic meltdown and an impending energy revolution sparked by Andrea A. Rossi‘s E-Cat technology has been initiated by the organisation Xecnet, Ltd [visit] of the U.K.

According to their website, Xecnet is a corporate consultancy that implements the “GEM (Global Enterprise Model) in organizations”, where “company staff can learn to apply a genuinely leaderless approach in their organizations – putting the needs of all of the members of the organization at the centre of their attention in such a way that new and vital energies are released and real operational efficiencies are made.”

Rossi's Ecat
Rossi's eCat: Free Energy, Free Money, Free People by John Michell
Xecnet is also a publisher and their most recent offering is a book called Rossi’s E-Cat: Free Energy, Free Money, Free People by John Michell, which “tells the story of how this energy source was discovered, developed by inventor Andrea Rossi, how it challenges modern science and what the consequences for mankind could be. This is a discovery which heralds nothing less than the start of a new era – the year 0 PR (Post-Rossi).”

In this book the proposed new economic paradigm based on energy is described. Energy will back a Human Value Unit, or HVU where one HVU is equivalent to 400 Joules of energy.

I first heard about a monetary system based on energy credits through the work of M. King Hubbert, but never really understood how it would function in actuality. Having not yet read the book by John Michell, I asked Raymond Aitken, gatherer of news at’s eCat economics and friend to Xecnet‘s board of directors, to provide some background.

Mr. Aitken has “been interested in complementary currencies for some time” but only recently, through discussions with author of the book ‘Rossi’s eCat‘, that he “realized the fundamental link between energy and money, and how such an energy production system could represent a transformational paradigm-shift to a ‘new world’ of human possibility.”

I first asked Mr. Aitken, how is one Human Value Unit equated to 400 Joules of energy? He replied:

“Firstly, concerning the dominant fiat monetary system:
The present fiat monetary system creates claims on real goods and services in the economy without any real and measurable linkage to the true capacity and output of the real wealth creation process (based on available natural resources, including energy, and human know-how i.e. technology). This means that there cannot be any discipline or means to guarantee that the magnitude of such arbitrary claims (the money supply) will match a corresponding increase in real goods and services.”

“This together with the fact that such fiat money is created as debt that is loaned at compound (exponential) interest means that the Western fiat (fractional-reserve banking) system is inherently and structurally inflationary, as well as non-transparent – and therefore open to manipulation and fraud, as well as requiring spiralling exponential economic growth, to create more debt-money in order to pay the interest on previous debt-money.”

“Inflation (currency debasement, or “legal counterfeiting”) is both an invisible tax of government and the large scale fraud of private financial institutions. Interest amounts to the massive and hidden transfer of wealth from the poor to the rich, leading to debt-slavery.”

“Although the conventional economic text books describe the functions of the dominant monetary system in terms of “a medium of exchange and store of value”, it is much more used as a tool of empire (centralization of power and war) and speculation (>95% of global currency movements are for speculative purposes). This monetary system was created to serve and profit from war, including economic warfare (commodity dumping etc). Being devoid of human values, this system maximizes profit on the basis of human misery and deprivation (starvation, violence, destruction, enslavement, privatization of the commons – genes, patents, money, traditional knowledge, seeds, medicine, etc).”

Some background about the link between energy and money:
Energy is what underwrites every economic and ecological process. It is the foundation of all human wealth creation. Since money can be anything which is representative of value that can be traded for a wide range of goods and services across geographical areas, then energy itself can be used as money.”

“Unlike fiat currencies, an energy currency is a genuine commodity in universal demand, which represents the value of work already done as well as the potential of work which can be done. As a scientific unit of measure, there can be no manipulation of its value over time or place, and therefore no speculation. It can be used to scientifically stabilize and rationalize the economic process at every level. The value of commodities, services and goods can fluctuate in relation to the standard of value of an energy currency, but those fluctuations will not be speculatively driven on the monetary side (as is the case with the dominant fiat system), any fluctuations will be driven by real factors of cost and demand.”

“An energy currency easily translates into energy accounting, and therefore provides a more accurate and complete analysis of economic output and resource consumption, so it would not be possible to exclude the full human-social and ecological costs of any economic activity in the accounts, as it the case with the present system. Since no one nation or corporation can “own” energy as a currency, it will represent the first genuine international and non-political monetary system.”

Why 1 HVU = 400 Joules of Energy:
The Human Value Unit (HVU) as a monetary measure of value was first proposed by a man called Harold who has since died. Harold’s purpose was to address the fact that our monetary system had become completely divorced from human values, and his proposition was to anchor the monetary standard of value on the daily food requirement of a human being, so that the behavior and decisions of users of money would be influenced by this humane-based measure.”

“Strange as it seems, complementary currencies have already proven how the innate values of a currency can dramatically influence the behavior of its users, even if they are unaware of monetary technicalities. Perhaps because the circulation of money represents the actualization of human relationships, then the way in which the money is created and put into circulation will color those relationships (competitive vs. cooperative etc). After much research Harold eventually settled on a scientific value of energy that was equivalent the daily human food requirement – 400 Joules.”

“The concept of the HVU relative to the creation of a complementary energy-backed global monetary system, which will belong to its users (and not to a private banking cartel that controls central government) – “a currency by the people for the people” is still at an early stage of development. We are therefore in the process of developing a global network of people who are committed to harnessing the monetary implications of the eCat to create a new money and finance system based on energy that can serve humanity, which includes restoring the ecological integrity of the planet.” —Raymond Aitken

In a practical sense, I asked how one would spend the HVUs? And when I spent them all, how would I get more?

“The HVUs do not need to be spent”, wrote Mr. Aitken, “they are a monetary-energy equivalence, when you buy an Ecat at say $500, then the accounting is in HVUs but you need to spend dollars to buy the HVUs which are then used to purchase the eCat.”

“Because the HVUs are based on energy-systems bought, as the value of the US Dollar goes down against energy, as it must due to Quantitative Easing (QE) etc, the value of dollars diminishes relative to the HVUs, and therefore you will need more dollars to buy the HVUs. You can always go online and buy more – we are putting a HVU-based online banking system in place.”

“Given that the technological and economic implications of the eCat are “paradigm-shifting”, the understanding of us all is necessarily in a flux of evolution, which is why Xecnet is organizing a first seminar in London this November. We need to bring together experts in economics and energy science to create a new economic approach that is grounded in genuine science, and not based on the obtuse quackery of the fraudulent monetary magicians. (It was the last chairman of the Federal Reserve, Alan Greenspan, who said “if you can understand what I am saying, I’m not making myself clear”!).”

Mr. Aitken continued with some personal reflections:

“Perhaps the most important and urgent matter is how can a complementary currency approach provide a way of financing the commercialization of Rossi’s technology? If the commercialization of Rossi’s technology depends on the corporate fiat monetary system, then it’s availability for the greater good of humankind could be distorted, in accordance with the narrow commercial and political interests of this ‘corporatocracy’.”

“We can imagine creating an investment fund for the commercialization of Rossi’s technology using a “crowd funding” approach, which is what Xecnet are trying to do with their site.”

“At this stage they only intend to gather pledges, to see if the financial potential from small investors around the world is large enough to represent a sufficient financial partner for Rossi, so that he can at least have a stronger negotiating position with prospective corporate investors, and if possible, to be able to commercialize his technology independently of corporate finance on a more equitable basis for the common good of humanity.”

“At some point the pledges would be converted to actual deposits of fiat money, which could be used to manufacture and distribute the first generation of eCats. During this initial stage, any HVU’s (as a complementary currency) would be backed by the fiat money held on deposit for orders worldwide. Since people would be “buying” HVU’s with fiat currency, and since the standard of value of the HVU’s would be fixed to energy (400 Joules), it would not be subject to inflation in the fiat monetary system.”

“Fiat money deposited on account, in exchange of HVU’s would act as a “store of value” (in competition to commodities like gold), which might bring in more and larger deposits of fiat money during the first phase of the fund. The ideal for this phase one would be the accumulation of a sufficiently large investment fund in fiat currency to commercialize Rossi’s technology worldwide, independently of the conventional banking system.”

“Once Rossi’s industrial eCats are commercially available, we can imagine using the same fund to establish energy production enterprises on a cooperative basis. Each energy production enterprise would serve a local-regional economic area, and would represent the phase of creating a genuine energy-based complementary monetary system to serve the specific needs and potential of any given local-regional economy, in accordance with human values and local ecological integrity.”

“The energy production enterprise would also function as a new type of local economic development bank, which would put into circulation an interest-free energy-backed currency to facilitate trade and provide working capital for local enterprises (thereby generating work), as well as the creation of investment finance (equity-based) for the development of new or existing enterprises and maintenance or creation of social capital (education and training) and material capital (physical assets and infrastructures).”

“To avoid any conflict of interest, this “bank” would be owned by its users (cooperative legal structure), who would appoint professionals to manage it. We can imagine the establishment and operation of such an “energy production bank” using a financial strategy based on the historical example of the Wara [1] energy monetization approach.”

“By the local energy production enterprise paying its workers and local suppliers in an energy-backed complementary currency, these monetary (exchange) units would enter into local economic circulation. With a demurrage charge on the demand-accounts above a certain level, HVU’s would be transferred to saving-accounts, which would create the basis of the finance part of the system. The HVU would only exist as an electronic currency, and would circulate via mobile phone, smart card and Internet devices. The required transactional platform already exists as an open-source software, called Cyclos.”

Ambitious? Most certainly.

I can’t say I completely understand energy units yet, but I certainly look forward to learning more.

What’s most encouraging is the wave of participation among peoples around the globe in response to the E-Cat demonstrations. Andrea Rossi has ignited something much more than a thermal energy device; he’s started a transformation of minds that are now busily preparing for a new kind of world, a world where people work together cooperatively based on abundant clean energy for all.

There will be fits and starts; there will be successes and failures. But, like the best strategies for long-term investing, we will ignore the noise, and focus our efforts on the big picture: there is now an open door and we can see a path forward.

We have a new clean energy technology.

Let’s not fixate on the deficiencies, but strengthen and raise the positives.

Cold Fusion Now!

[1] The ‘Wara’ system was implemented in a small town in Germany in the early 1920’s. At the time, Germany was experiencing a complete collapse of their national currency with the value plummeting to near worthlessness. During this time, Dr. Hebecker, an owner of a coal mine in the town of Schwanenkirchen, convinced his workers to accept 90% of their wages in a complementary currency called ‘Wara,’ or he would be forced to close the mine. He agreed initially to provide food that they could purchase with their ‘Wara,’ which means ‘commodity money’ in German. He also stated that the money was backed by the coal inventory. The Wara itself was paper money that also incorporated the small monthly stamp fee to prevent hoarding and encourage circulation. The Wara was immediately successful in saving the coal mine and in saving the entire town of Schwanenkirchen. Over the next several years, the circulation of the Wara spread dramatically throughout Germany and over 2000 corporations began using the new complementary currency. However, the central bank considered the Wara to be too successful and even thought it was an inflationary threat although its value was tied to the value of coal. In October 1931, the Minister of Finance declared that the Wara was illegal thus ending the success.

Related Links

Rossi’s E-cat: Free Energy, Free Money, Free People by John Michell from publisher Xecnet

Xecnet, Ltd.

eCat economics from

Technocrat: “No-money society” uses energy credits. by Ruby Carat April 8, 2011

M. King Hubbert on nuclear energy. by Ruby Carat March 22, 2011