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Re:Oil Falls Below $40 for First Time Since 2009 as Glut Grows by paulsutter on Friday August 21, 2015 @07:46PM (#10100919)
The solution is a 10x better energy source. And it's only going to happen if smart people get focused on it. Fluctuations in the price of oil affect funding, etc, but the people working on the problem are a bigger issue.

Elon Musk is doing his best to drive down the price of batteries and solar power. What will you work on? Baseload power probably needs nuclear. There are a number of nuclear energy startups right now.

Re:Oil Falls Below $40 for First Time Since 2009 as Glut Grows by douche on Friday August 21, 2015 @08:05PM (#10100984)
We already know how to build nuke plants to replace coal. Fear-mongering over exceptional incidents at first and second generation sites like Chernobyl, Three-mile Island and Fukushima, and the extreme regulatory restrictions and NIMBYism are the problem there, not anything technical or economic.

Hell, you've got Germany closing perfectly good clean nuclear plants, that have to be replaced with new coal-burning plants, due to misguided environmental activism.

Re:Oil Falls Below $40 for First Time Since 2009 as Glut Grows by DrNuke on Friday August 21, 2015 @08:05PM (#10100986)
Innovative nuclear may be well priced out of the market at this rate but research (Gen IV, fusion) is going very fast nowadays and will only go faster with eDesign and cloud computing.