That avoids the issue of a possible decrease in the standard of living, and provides an affordable mechanism that doesn't involve coal for India, Indonesia and other countries that need to build out their electric grid.
Lots of good info here: http://thorconpower.com/news
Video from ThorCon CEO making his case: https://www.youtube.com/watch?v=Q4xjQWBw7i0&feature=youtu.be
Thorium may end up as a good viable option eventually, but I suspect that it'll probably never be more than a niche option for as long as most of us are likely to be alive.
Oh, and that 20 years? "Hi regulatory body, we'd like approval to build a brand new type of nuclear reactor in your state, close enough to a major population center for transmission losses to not be too high. What do we need to do to make that happen?"... And that's before you get to the billion+ of construction costs even if the new reactors only cost 10% of current designs.
I will eat my words if in a few days South Texas Nuclear generating station melts down (because its being hit by a category 4 hurricane as I type this).. But right now the technology we _HAVE_ is sufficiently safe.
Our ability to 'do things' used to be so limited, but is now growing quickly.
The gap between our nature and our ability to change the environment around us is, I think, the root of many of our problems.
Entrenched, monied, existing political ties to fossil fuel and extraction industries still exert control. I'm not willing to take the position there's nothing we can do until we've fully shaken them off the backs of our political system.
I agree completely that tech investment is a much easier political sell than reducing the standard of living.
People passively use fossil fuels because they are the norm. It will take investment from both our government, from private industry, and from grassroots activists pressuring both to make the norm clean and sustainable.
The "norm" is whatever is cheapest. That is what we have to do: make renewables cheapest.
1. Interstate expressway system
2. Oil and gas pipelines
3. Fracking R&D
3. Direct tax subsidization of private refining and exploration.
We need that level of effort applied to renewables development.
This is what I was alluding to about technology. If we can make clean energy significantly cheaper to use at scale than fossil fuels, then the world will use it.
More realistically, we need to make it cheaper to build new renewables than to keep using existing fossil fuel sources.
Fossil fuels are only 'cheaper' because governments have become irredeemably corrupted by fossil fuel interests, so none have to face public liabilities for the damage caused by their products. The apparent 'cheapness' is a consequence only of fraudulent accounting. This is a specific case of the more general 'Pollution Paradox', viz. "The more polluting a company is, the more money it must spend on politics to ensure it is not regulated out of existence" (George Monbiot).
This makes 2 assumptions which I find to be false.
1) Any drop in the standard of living is bad. e.g. I don't need to be freezing in a store in the middle of summer.
2) Less energy use necessitates a drop in the standard of living. e.g. using energy more efficiently via lights and insulation.
2) Efficiency gains can help, but shaving off some excess here and there will not prevent a climate catastrophe. It will take drastically less fossil fuel use. I don't see that happening unless technology makes renewables cheaper than fossils. It's hard, but it's possible.
So why aren't we using nuclear?
We could conceivably swap out carbon for nuclear though. Just not carbon for [more expensive energy source]. People get antsy even when economic growth slows. A drop in the standard of living is political suicide.
I don't think we're very well psychologically equipped to deal with this.
Nuclear power is literally orders of magnitude cleaner/safer than anything else, and yet the fear mongering continues and the idealistic environmentalists are pumping more CO2 into the atmosphere with every NG turbine installed to backup the wind/solar plants. Just the other day I heard a talking head repeatedly referring to "the old dirty coal and nuke plants".
I am out of ideas for how to convince the world to drastically draw down our fossil fuel use. Everything has been tried.
It has become a cliche that our problems cannot be solved by technology alone, but this one really may be up to technology alone. Human nature is not going to change.