From the video description:
The main downsides/negatives to this technology, politics, corrosion and being scared of nuclear radiation. Liquid Fluoride Thorium Reactors were created 50 years ago by an American chap named Alvin Weinberg, but the American Government realised you can’t weaponise the by-products and so they weren’t interested.
Another point, yes it WAS corrosive, but these tests of this reactor were 50 years ago, our technology has definately improved since then so a leap to create this reactor shouldn’t be too hard.
And nuclear fear is extremely common in the average person, rather irrational though it may be. More people have died from fossil fuels and even hydroelectric power than nuclear power.
I added this video for a project regarding Liquid Fluoride Thorium Reactors, watch and enjoy.
No, it would not collapse the economy… just like the use of uranium reactors didn’t… neither did coal… This is because you wouldn’t have an instant transition from coal… oil… everything else to thorium. We could not do that. Simply due to the engineering. Give it 50 years we might be using thorium instead of coal/oil (too late in terms of global warming, but thats another debate completely), but we certainly won’t destroy the earths economy. Duh.
And yes he said we’d never run out. Not strictly true… bloody skeptics … LFTRs can harness 3.5 million Kwh per Kg of thorium! 70 times greater than uranium, 10,000 greater than oil… and there is over 2.6million tonnes of it on earth… Anyone with a calculator, or a brain, will understand that is a lot of energy!! Its so much that I have calculated that we could power the entire planet, including energy consumption of cars, lights, industry, literally everything (bar energy found in food) per year, with 40million Kg’s… thats assuming instant transition from every other source to nuclear instantly… not gunna happen.. ever.