Even in the wake of Hurricane Sandy, which half-drowned our biggest metropolis, Congress is still ostriching on climate change and thinking about chopping clean-energy programs as part of fiscal cliff, part II. Meanwhile, China, which has been leading the way on futuristic ideas from offshore wind energy to high-speed rail, is spearheading the development of nuclear energy derived from thorium, a naturally occurring radioactive element.
The Telegraph reports that the politically connected industrialist Jiang Mianheng is bankrolling a $350 million project at China's National Academy of Sciences to develop thorium power, which would be used to fuel molten-salt reactors, as opposed to old school uranium-fueled water reactors, and which would be much cleaner and meltdown-safe.
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