Gräv inte ner kärnavfallet !

Det finns inga atomsopor. Det ”utbrända kärnbränslet” är en ovärdelig strategisk tillgång för framtida teknologier och måste därför tas hand om på samma sätt som om det vore guldreserv eller arvsilver.

SKB kritiseras unisont för råkör i handläggningen. Nu efter årtionden med debatt och förberedelser skall plötsligt allt avgöras : Lokalisering och metod för slutförvar. Man åberopar oblygt kapslingsmetoden KBS3 et teknologisk världsherravälde och arrangerar internationell konferens för potensiella kunder. Blytunga innvändingar från ett samlat KTH om kopparkorrosion och andra relevanta frågor avfärdas med en klackspark utan hårda data. En motion i Sveriges Riksdag och utspel från SSM kräver en oberoende internationell granskning. 

Det är bråttom då vattenbassängen på reaktorplatserna börjar bli fulla. Det ”utbrända bränslet” – häretter Spent Nuclear Fuel (SNF)- lagras temporärt några år för att komme ned i temperatur och strålningsnivå för vidare hantering. Saken måste avgöras snart och fallhöjden är stor. Om inte direkt kris, så måste en plan på plats för handhavande av SNF.

Allmännheten är inte informerad om uranbristen. 30% av dagens reaktorbränsle kommer från dekommissonerade vapen. Uranproduktionen måste dubblas till 2015. Frågan är om gruvkapasiteten verkligen kommer att öka. I mellantiden bränns uranet bort i vattenreaktorerna med en skamlig låg effektivitet på mindre än 1%. Mera än 99% blir SNF.

Att 200 nya reaktorer byggs i tillegg till dagens 450 gör bara uranbristen ändå mera akut. De närmaste titalls år kommer kräva tusentals nya reaktorer globalt. Den rådande teknologin med fasta bränslestavar i vatten är ute av stånd till att leverera. California har lagstadgat förbud emot kärnteknologi som inte löser avfallsfrågan. Stölder av SNF är ett bekymmer men ingen showstopper.

Framtida kärnkraftteknologi kommer att använda utarmat uran och thorium till hög effektivitet. SNF är en helt nödvendig katalysator för att kunna åstadkomma uthålliga bränslecyklar. Att gräva ner SNF är därför att kasta bort nyckeln til framtiden.

En plan för omhändertagande av det svenska ”utbrända kärnbränslet” syftande till använding i framtida reaktorer måste snarast möjligt utarbetas. Goda priser kommer betalas för SNF på denna marknad. Båda Östhammar och Oskarshamn kan få flera arbetstilfällen än va en ren oövervakad begravningsverksamhet bjuder. Teknologiskt är såkallad pyroprocessing för vidare mellanlagring rutin i väntan på en komplett plan. Som ett minimum måste återtag tydligen planeras.

Elling Disen, grundare Thorium ElectroNuclear AB


Barack still has to deliver

So he’s taking no chances and lands on safe ground in 10, Downing Street today. He could have made a splash out of his first foreign visit by going to fex Botswana, an exemplary country on a desperate continent that got most things right despite odds and neighbours. We all have high hopes for Barack but so far he’s only showed a killer instict by sacking Rick Wagoner. Thank you for that, but we need more bold moves.

  •  He knows that the rest of the world does not want to finance America’s spending any more. Geithner’s predator plan to soak up global credit has backfired. The Checks were mad; Angela Merkel says NEIN to more money printing. America’s lifeline is the powerful dollar but they can’t overplay that card. 
  • Sarkozy, the Chinese and others (Kazakstan) want a global currency. If the gullible Darlings ( US and British finance ministers) choose to royally ignore that call, the dollar might be undermined faster than they would like. Sarkozy has even threatened  to boycott the G20 if talks are not focused on establishing global institutions. Thing is : The French are a pain in the ass all right – but they are sometimes spot on damn right, surprisingly often on the Big Issues, see. Question is : What will it take for powerful countries like France, Germany, Japan, Brasil, China and India to just call the anglo-saxon bluff fiat and go for a new global currency ? The French would get the Russians in, the Indians would get the Iranians onboard. So suddenly the City of London collapses as Island and the American Empire reduces to a banana republic. It will not take more than offering the barril in other currencies.
  • At least they said no to geological storage of  spent nuclear fuel at Yucca Mountain.  There’s no such thing as nuclear waste. Neying Yucca was the right decision but probably for the wrong reasons. 
  • The Green Leap Forward will be proven a failure, like the madness with ethanol. If Barack pushes this far enough, it could be a real tragedy along the unresolved financial mess. We’re on that slippary slope from 1929-32 when the Great Depression really set out. 
  • The problem is that the White House allows black hole banking to go on. Geithner’s plan is more credit than structural reform. Fixing America’s oversized and corrupted finance multiheaded troll is not as easy as stabilizing Sweden was. This fact alone pleads in favor of a global currency. Sound assets will be shored up against a Terra and the dollar will be cleaned up at proper gunpoint. When it finally lands somewhere we will have ridden ourselves of bashing Texans and FED-JPMorgan bragging rights in the field of business and finance. 
  • Finally we have the climate charade. We’re now entering the Geronimo phase of hunting down the last Mohikans. We surely hope that the Copenhagen summit will fail. A good way for Barack to show a killer instinct would be to call off the CO2 AGW bullshit NOW. 

0320_michellegardens_460x2761First Climate Luddite : Michelle Obama

A global economy needs a global currency

Said Paul Volcker. It seems like a tautology, too obvious to merit further scrutiny. But you guessed it, “free market” economists and globalist libertarians manage to be against it in the standard freudian Not-Invented- Here way of human progress. This time I came over Robert A Mundell’s lectures on the subject that may be a little bit outdated when staring into today’s abyss. The proposal is coming to the G20 from Kasakhstans president Nursultan Nasarbaijev, handily enough for the Darlings (finance ministers) preparing for the summit to probably dismiss it in silent contempt.   


Can the Jack Of Hearts be tempted into looking up into  the 3rd dimension blue sky from his 2-dimensional flat loosing poker game ? 

I find it utterly fascinating that the trillion dollar masters heavily decorated from “business schools” are not able to learn the obvious lessons from multidimensionality in dynamic ecosystems.  

  • The Columbian egg is simply to have a payment system for honest trade freed from the financial sector’s blood sucking. When the Baltic Dry Index drops 95% and bankers can’t perform their elementary duty of passing along the venerable letter of credit, global trade clogs up. There may of course be other structural reasons for slowing real economic activity but let’s at least rid the basic pipes of dirt.
  • There’s absolute no doubt that eliminated currency risks and a drive towards global prices help out the most disadvantaged nations, establish anti-inflationary forces, inspire transparent pricing power and fair trade. At a time of protectionist contraction, there’s no better oil for lubricating.  
  • A global currency is not to be viewed as a substitute to your national or regional money but as a complement.  This is a key insight. It means that the Terra, as Bernard Lietaer would call it, can act as a stabiliser to dollars, euros, yens and reminbis. The Nordic countries today are stable islands in the storm, thanks to being able to float the local currencies. Yes, they have fallen 40% against the dollar but Norway and Sweden are still very much exporting, a fact that partly makes up for this loss.
  • What happens when the barril is quoted in Terras ? The Americans would have another bell tolling for them to get their act together on energy. As far as the Terra being universal and apolitic, Iran and Russia would probably benefit both from the stability and the revenue streams of Terras. The Sterling and the City of London could be victim of Terra. So what ? The English need to get their act together in more areas than energy anyway. 

globeThe Terra can be put  to work by some clicks on a computer. It may be the rescue line of the real economy globally. Let normal working people convert their local currency savings into the Terra. Let the bankers clean up their own quagmires.

Thought experiment : The Torro

So Bernard Lietaer proposes a new global currency, the Terra, to be backed by a basket of  stable commodities. The Terra should ease currency risks, facilitate international trade, underwrite long term investement and leverage large scale infrastructure. 

What is a basket of stable commodities ? Oil yoyos, uranium is a thin market, rare earth metals are close to monopoly, steel could be locked in and unrecyclable if designed into transcontinental gas pipelines and railways, Lithium will run out if tried on a natural scale for battery cars. Meaningless biofuels distorted food markets.

Now all of the commodities above would have done better as a basket anchor than Wall Street crooks, national money printing and – gold, respectively. Wall Street greed itself is a large part of the problem we’re in. At the current rate of printing tailspin and Black Hole banking, pls show me a solid reasoning that we’re not headed towards another Great Depression – or the Mother Of All Inflations. As for printing, both Benjamin Franklin printing Continental Scrip and Abraham Lincoln churning out Greenbacks did quite well.  Ol’ Honest Abe financed the hemorraghing  Civil War, kicked bankers’ ass and supported an uninterrupted industrial boom with only 30% inflation on the dollar – not bad. For those of you still fancying gold, pls understand that gold does not do the trick. There’s too little of it and people are too psychologically attached to it.  Gold currency leads to Scrooge economics, modern slavery so to say and a too tight emphasis on so-called property rights. On this subject, pls consult The Gridlock Economy to see how philosophical principles extended to large scale undermine optimal development – a sort of anti-commons for the common worse.

Let’s introduce global thorium Th reserves to back a global currency, The Torro. OECD’s Red Book reports 6 million tons Th. When countries start updating their inventories, there will probably be at least 15 million tons because Th is 3x more geochemically abundant than uranium. A couple of truly unique geological formations, volcanoes in Norway and Namibia (I think it is), could contain rare earths and Th deep down int0 the crust for kilometers. Suppose there’s a universally accepted commodity method for turning Th into kWhs (the molten salt piping) and set a global kWh-price of 0.03€. Do your math and discover that global thorium generate future revenue streams of  at the order of ~ 1 million trillions € – when Th is allowed to account for some %s of the kWh !

That’s not so bad compared to the CDS derivates that commercial banks owe to the shadow banking system – or the other way around was it – Last I looked these Collateral Damage Sheets , as sarcastics call them, totalled 100 trillion $ – 1000 times less the Th mountain.

torroAnd by the way, the Th mountain is real. It can’t be sliced into risk and it’s premium, it will increase nicely and slowly in value as people pay more for the kWh and discover some more of it. The only valuable use of Th would be for kWh production. Costs for mining, purification, storage and molten salt reactors are like oil infrastructure to oil – ie nothing in comparison. It’ so much of it that high speed rails across Eurasia and hydrogen production for global car fleet should be a piece of cake. Even George Soros wouldn’t speculate against the Torro nor could Hank Paulson pull rabbits out of his bald head.

Ecosystem stability

I’ve been fighting to come up with the correct line of reasoning to fix the financial shambles.  The crises is probably more severe than both current “free market” economists can imagine and the general public can grasp. You shouldn’t provoke competent historians’ wrath by saying that the financial crises of 2008 is the worst ever. Next book on the line should by the way be Niall Ferguson’s account of the history of money, finance and its crashes.

Stealing yourself after Fergusons guidance through the Tulip crash and the Great Depression, you could start tinkering with how to end this comedy of never-ending boom and bust. History gives a massive negative outlook on ever coming up with a watertight scheme of robust checks and balances in the money buisness. Until now

Enter Bernard Lietaer. He’s a, may I respectfully remind my humble audience, an electrical engineer who made a career in money trading. He was a key figure in the flawless introduction of the €. (Here some might say that those Greeks and Italians profited by increasing the espresso tenfold. But if you’re going to Rome, getting fleeced is part of the joy anyway.)

Mr Bernard Lietar not only administers a remedy to the crises, he’s also a beautiful read and explains the simple mechanisms behind reason and mania.

Mathematical observation : Once over the critical slope on a one dimensional curve, forces for pulling back to a unstable eliquibrium are not sufficient. 

Translation to current situation : Once defaults gather momentum, all money ( and credit..  and assets)  created into existence by bank computers will be wiped out.

Terminal consequence : Possibly stone age

Solution : Introduce parallel currencies.

Why : Because multiple dimensions  automatically introduce inherent  systemic stability.  

Analogy : Ecosystems and biologic complexity

How to proceed : Just give bankers the choice between the chair (the electric, my inference) and cooperation in introducing new currencies

Empirical proof of concept : Switzerland from 1934 to now

How many and what kind of currencies : Everything that goes by geography, trade, profession, barter and scale..   Remember that free market ? 

Software : OpenSource, ready to rig   Messieurs, create your money online

The Terra : Global currency backed by a basket of stable commodities 

Key : Time is of the essence.  

Link :


  Replacing finance predators with autostabilising multiple currencies

What to produce in Western Sweden ?

Western Sweden is held up by the car manufacturers SAAB and Volvo and their subcontractors. Despite optimistic rethoric out of SAAB’s management after being betrayed by their owner GM, SAAB’s future is extremely gloomy with billons of dollars in debt, factories at half capacity, too few and too ordinary models. In a global crunch, a new owner necessary for the Swedish government to intervene in the chapter 11 procedure could only be a billionaire aficionado.

What to produce instead of traditional vehicles on hydrocarbones ?

  • Fuel cells, electric engines and batteries could be acceptable for tropical climate in urban zones but not much else. Cairo, Mumbai and Peking would be better off without exhaust and smog with small lightweight vehicles with 100 km range and omnipresent service if they break down on the highways. For us in the cold lonesome backwoods fuel cells, electric engines and batteries are just not going to cut it. 
  • So we need combustion engines on hydrogen. Next generation storage technology will go to 700bar pressurised hydrogen gas that will give you mileage and comfort as today. The question is : hydrogen gas stations. Liquid hydrogen only makes sense on a large scale. Linde Gas in Germany today has a facility producing 4 tons/day ie 500 fillups / day to be competitive. Designs are available for 100 tons/day and they will be excellent for densely populated areas and high traffic. 
  • So what to do with sparsely frequented strecthes of road ? Store, transport and distribute hydrogen as ammonia. We would then need small and mediumscale gas stations based on ammonia tanks, crackers and 700bar compressors. Voila a very interesting new opportunity for worldclass automotive and chemical engineers laid off in Sweden. 

And then we have the nuts and bolts needed for an infrastructure on thorium molten salt reactors :

  • Piping and pumps in special alloys
  • Heat exchangers moulded in carbon composites
  • Robotics for handling of nuclear fuel and waste
  • Full realtime monitoring instruments
  • Massproduction and global shipping in standard containers from a well organised port
  • Installation and operation support 

1000 molten salt reactors would be a business of 2000 billion euros. The planet needs 10 000 on the 2030 time horizon.  The technical competences needed for a thorium boom are on the scale as for cars and trucks. And it will be as glorious and profitable as cars ever was.

Inspiration : BMW hydrogen limmos

When up against the vault, it’s wise to take some moments off for refuelling. Forget fuel cell or battery cars and go surfing the real thing : hydrogen combustion engines. 

New energy and fuel infrastructure should not come with a lower standard of living. Both BMW and Honda are showing off with gorgeous designs offering juice and joy for those of us who will not accept Duracell format motoring. 

Hydrogen combustion all comes down to pressure, tank volumes and safety materials. Current mileage is 200km per fillup but when pressures come to 350 and 700 bars we’ll get those 800 km per fillup. 

The Scandinavian Hydrogen Highway Partnership should bring hydrogen fillup stations. The crucial ting is how to provide local hydrogen. The answer is : by way of ammonia.  And then fuel prices will half as compared to today’s 1€ and change per liter. 

The tipping point will come with enough H2 fillups and affordable luxurious limmos. 



BMW 7 on hydrogen