Cold Fusion - The Secret Energy Revolution by Sutton Antony

Author:Sutton, Antony [Sutton, Antony]
Language: eng
Format: epub, azw
Publisher: Dauphin Publications
Published: 2016-04-18T16:00:00+00:00

Chapter 6

Opportunity

From the economic viewpoint new energy technologies are different to fossil fuels where fortunes are made by monopolies or resource scarcity. New energy is structurally more competitive and adapted to small engineering firms in a competitive marketplace where the best product wins out.

There are many reasons for this view (elaborated in The View From 4-Space ). Essentially, the fuel is space or water universally available. The device is not complex in itself. Technical expertise is the key to success and is the core input. Not only are monopolistic elements absent but there is — even this early in development — a range of competitive processes.

The rewards for a successful device are unbelievable, even without any monopoly elements. Martin Fleischmann once calculated that the first commercial device will be worth about $300 trillion. But he assumed monopoly. In fact, even at this early stage competitive systems are emerging . . . different engineering to the same end.

The market is global, vast beyond imagination, and will be divided among several or many competing systems. For once in human history we have the opportunity to eliminate scarcity, the basis of economics. We are looking at the impossible: what is the demand for an almost free good, a necessity worldwide in an almost free market? While supply cannot be monopolized, there are virtually no costs (only device engineering) and no economies of scale.

For a product with these properties the word “ risk ” takes on a different meaning. When this penetrates the financial community the pioneers will have trouble turning away the investment capital offered. The single major problem will probably be the flood of scams. We have already seen with the Dennis Lee free energy cross country tour . . . investors actually handed over funds without sight of the device. In fact, Dennis Lee had no device, just a car load of promises . . .and a rap sheet for fraud.

The rewards are more than monetary. And the losses more than financial. There is the psychological reward that these technologies will solve many of the world ’ s nagging problems. Energy becomes almost a free good like air and water. Non-polluting, non-political, non-monopolizing. With these possibilities risk becomes secondary. The sociological and political spill over is heavy. The world of pork bellies and derivatives become trivial, and a competitive structure ensures that monopoly profit is not available for political objectives as New World Order and political influence. Today there are a dozen genuine ground floor opportunities and more in startup (where we have no track record).

Lack of U.S. government support has forced R&D into the private sector. This is tough on individual developers but in the long run will speed development and benefit society. We are skeptical about government involvement, it turns development into a political football. And the same tired old revolving door specialists will attempt to use government access to gain control. The private approach is fairer, much faster, more practical and has more benefits to society, although pioneers like Pons and Fleischmann have carried a heavy personal burden.

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