Print 33 comment(s) - last by Comdrpopnfresh.. on Jan 4 at 5:14 PM

World nations inject $12.8-billion USD into the project

The Globe and Mail reports this week that the ITER nuclear fusion project has been approved for $12.8-billion USD. Although the International Thermonuclear Experimental Reactor (ITER) has been in the planning and development stages for more than ten years, it is well supported by most of the world's leading countries that include the U.S., China, India, Russia, Japan, South Korea and the European Union.

DailyTech previously reported that the ITER project last met in Belgium, where the project was discussed for international support and funding. The main goal of the ITER project is to counter the effects of global warming and other environmentally harmful waste products that result from using fossil fuels. According to the ITER group, a nuclear fusion reactor will be able to produce energy by harnessing the same source of power that gives life to the sun.

The approval of the ITER project was accomplished at the Elysee Palace in Paris, where French president Jacques Chirac noted that "the growing shortage of resources and the battle against global warming demand a revolution in our ways of production and consumption." Many of the world leaders and leading scientists believe that nuclear fusion will be one of the primary sources of energy by the end of the century.

The first ITER reactor will be built in Cadarache, Provence. According to the report, the European Union will be funding 50-percent of the project while the remaining countries will each fund roughly 10-percent. The reactor is expected to create some 10,000 new jobs and take roughly eight years to build. 400 scientists around the world will manage the reactor and a demonstration power plant using nuclear fusion will be up and running by 2040.

Comments     Threshold

This article is over a month old, voting and posting comments is disabled

A commentary on commentaries
By dama on 11/26/2006 11:16:23 PM , Rating: 2
"Actually" and "correction" run rampant through the slalom of posts. It is also interesting most of the comments are about fission or fusion bombs when the source article is about a new kind of reactor. Is our race always going to choose bright, shiny weapons over bright, shiny energy sources? I wonder how many women saw 'bombs' instead of 'power sources' when they saw "fusion project". Or was it just us men craving & fighting over 'weapon'?

By Master Kenobi (blog) on 11/27/2006 11:18:06 AM , Rating: 2
Technology is devloped and matures because of competition, that competition is generally WAR. (See WW1, WW2, Cold War, Korea, Vietnam, etc....) Things like Jet Airplanes, Commercial Flight, Modern Aircraft Carriers, Rockets, Missiles, GPS, Precision Targeting, Helicopters, etc.......

Really, when you think about it, Wars and compeition with other countries to kick ass better has been at the center of Research & Development since the beginning of time.

"Young lady, in this house we obey the laws of thermodynamics!" -- Homer Simpson

Related Articles

Copyright 2015 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki