Why I'm big on both thorium and Thorium

I like thorium power (the nuclear energy concept) and Thorium Power (the company). Here's why:

Our world has an ever increasing desire for electricity. Nuclear power provides electricity with negligible air pollution. However, traditional uranium fission reactors leave us with awful radioactive waste, potential weapons material, and the potential for meltdown.

New age nuclear

Nuclear energy produces no greenhouse gases, but it has many drawbacks. Now a radical new technology based on thorium promises what uranium never delivered: abundant, safe and clean energy - and a way to burn up old radioactive waste.

• Replace uranium whole or in part with Thorium and you have a fraction of the waste and it only lasts 500 years instead of 10,000.
• The technology used by Thorium Power can actually consume the old radioactive waste we're spending so much dealing with today.
• Thorium power generation is safer, no possibility of a Chernobyl or even a Three Mile Island.
• Most of the existing reactors in the world can be adapted to use Thorium Power's technology.
• Thorium Power's technology is working now and has been independently verified by Westinghouse Electric.

Thorium Power believes there is a market for about four thorium-powered reactors each in Russia and United States just for plutonium disposal.

So if you have the heart for penny stocks, that's THPW. And check out the Energy from Thorium blog for some nice introductions to the technology (including its birth in the 50's as a plan for a nuclear powered airplane) and ongoing discussions.