Speaking today from Argonne’s Advanced Photon Source, President Obama said “I want the next great job-creating breakthroughs, whether it’s in energy or nanotechnology or bio-engineering , I want those breakthroughs to be right here in the United States of America, creating American jobs and maintaining our technological lead.”
There doesn’t seem a better time for LENR traction than the present. Oil prices have stayed high through the Great Recession and advances in directional drilling and hydraulic fracturing of oil shale have opened up the U.S. to be the world’s largest exporter of oil this decade.
President Obama’s clean energy plan proposes to spend $200 million a year on research, would be paid for with revenue from federal oil and gas leases on offshore drilling and would not add to the deficit.
In his State of the Union Speech, President Obama may be hinting that the U.S. is committing itself to LENR. Will Ecats power the White House someday?
“We can also spur energy innovation with new incentives. The differences in this chamber may be too deep right now to pass a comprehensive plan to fight climate change. But there’s no reason why Congress shouldn’t at least set a clean energy standard that creates a market for innovation. So far, you haven’t acted. Well tonight, I will. I’m directing my Administration to allow the development of clean energy on enough public land to power three million homes. And I’m proud to announce that the Department of Defense, the world’s largest consumer of energy, will make one of the largest commitments to clean energy in history – with the Navy purchasing enough capacity to power a quarter of a million homes a year.