I wrote something that seems contradictory, but isn't. I said:

* It is possible that vested interests may block the development of cold
fusion in the US for decades.

* If this happens we will soon become a banana republic that imports all
important technology from other countries.

If cold fusion is blocked, the way electric cars have been, that means we
will not be importing it from other countries. It will not be available
anywhere in the U.S. At least, not for several years, until the levees
crack, and we are inundated by cold fusion powered technology from other
countries. Yet even before this happens we will be forced to import "just
about everything" from other countries, because most goods and services will
be cheaper and better thanks to cold fusion. Even if you leave the energy
source in France or China, and import only the widget, the embodied energy
in the widget is still a major contributing factor to the cost.

Cold fusion will have a large impact on all goods and services, not just
technology directly related to energy. Obviously it will improve things such
as automobiles and power generators and other primary sources of energy. But
it will also have an impact on gadgets which have no direct relation to
energy, such as spoons, food, movies, electronics, medicine and scientific
research. The importance of energy to scientific research was illustrated
yesterday on NHK. Many buildings and facilities at Tokyo National University
are closed, and many research projects on hold because of the daily power
failures and the need to conserve energy. There are signs on some of the
large computer networks  (parallel processor computers?) saying "Do not turn
on this equipment" because they do not have enough electricity.

Countries using cold fusion will be able to produce anything better and
cheaper than we do. Nowadays, people who make traditional goods such as
wooden furniture or clothing benefit from the use of electricity and
computers. Cheap electricity gives them a competitive advantage. Free
electricity will give them an even greater advantage. The cost of goods in
the U.S. will be higher than other countries if our factories are still
powered by coal, wind and uranium while they are powered by cold fusion.
Companies in China manufacturing furniture for the US market pay much less
for labor, and probably less for materials such as wood. The only thing
standing between them and total domination of our market is the cost of
transporting the goods to the US. With cold fusion, the cost of
transportation will be so close to zero it will be negligible.

As I said, an automobile or generator can be thought of mainly as an energy
generating machine. If Ford, GM and GE are not allowed to develop cold
fusion automobiles they will soon be bankrupt and we will be importing
importing power generators, heaters, automobiles, tractors railroads and so
on -- all primary energy producers. A large fraction of all machines fall in
that category and many more soon will, as machines such as cell phones and
portable computers become self powered.

It is hard to imagine a situation in which GE stands passively and allows
the Congress and big oil to put it out of business. I think it is more
likely GE will move its manufacturing and most of its business overseas
where cold fusion is allowed, to become mainly a European or Chinese
company.

As I said before, I think the benefits of cold fusion will be so obvious to
so many people that political opposition from oil companies and others will
soon crumble. The American public howls when politicians propose increasing
the gasoline tax by five cents. It is hard for me to believe the public will
stand by passively while politicians allow large corporations to take $2,500
out of every person's pocket indefinitely. That includes children, by the
way. For a family of four we are talking about a $10,000 tax every year for
life, levied by big oil & coal. I cannot imagine the public will stand for
it. But strange things do happen. We do sometimes allow powerful people a
great deal of leeway for no good reason.

Also, whatever you think about the Pentagon you must admit those people are
pragmatic, and they have a realistic view of technology. There is a good
reason why nearly all cold fusion research in the US is being paid for by
DARPA. Yes, the DoE and the coal companies are powerful, but so is the
defense establishment and the corporations making weapons. As I pointed out
in my book, the day that cold fusion becomes practical every single weapon
system will be obsolete. Not a little obsolete -- as obsolete and useless as
wooden ships were after the advent of ironclad steamships such as the
Monitor and the Merrimack.

People other than professional soldiers and historians do not realize the
impact of advanced technology on warfare. The Merrimack came within shouting
distance of the largest and most powerful ships in the U.S. Navy fleet and
blasted them to splinters without endangering the crew of the Merrimack. In
one day it sank or disabled three ships. If the Confederacy had possessed a
fleet of 20 seaworthy ironclads, and the Union none, the South would have
won the Civil War in six months. It would be like fighting the First World
War with WWII era artillery and aircraft. That would have been a 20-year
advantage which might as well be 100 years; i.e. weapons circa 2011.

I do not think the Pentagon and its many friends are going to stand by and
do nothing while other countries develop military technology that can
destroy our entire fleet of airplanes and ships in one afternoon at no risk
to the enemy. Make no mistake: that is what cold fusion will do. It will do
that even though it is not likely to be used as a source of explosive power
in something like a nuclear weapon. In 1862, steam engines never killed
anyone intentionally, and they had no direct use as weapons, but it was the
steam engine that allowed the development of ironclad ships. Using cold
fusion to power prosaic components such as lights, motors or radios will
give weapons systems an overwhelming advantage on the battlefield.

- Jed

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