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.
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