Four times more abundant than uranium, there is apparently enough thorium available in known deposits to generate electricity for 10,000 years
Thorium has incredible potential as an ultra-safe, clean, and cheap nuclear energy source which can power the world for millennia.
Its benefits include the following:
* Thorium reactors offer absolutely zero possibility of a meltdown because it cannot sustain a nuclear chain reaction without priming; fission would stop by default.
* Thorium reactions do not create weapons-grade by-products.
* Waste from a thorium reactive stays radioactive for only a few hundred years rather than tens of thousands of years.
* Pure thorium from the ground does not require enrichment, as opposed to uranium.
There are many benefits to thorium, it is a wonder that it is not already being widely used as a nuclear fuel. However, there are projects underway in the United States, China, India, and elsewhere. Germany and India already have existing commercial power stations powered by thorium. India has a goal of meeting 30 percent of its energy needs from thorium by the year 2050. In the US, a reactor project is ongoing in Odessa Texas and should be operational by 2015.