Once again, the world teeters on the edge of war. Once again, the conflict is in the Middle East. Once again, the conflict is over energy.
For years, Iran has been developing nuclear power. For years, the world has disbelieved Iran’s claims that its atomic energy would be only for peaceful, domestic uses.
The United States, Israel, the EU and other nations contend that Tehran is lying, and have imposed crippling sanctions on Iran. These embargoes now increasingly deny food and other staples to the Iranian people while costing companies around the world customers and markets.
On February 14th, the sanctions tightened: owners of more than 100 oil supertankers announced that they would no longer load crude from Iran’s oilfields, cutting off the country’s only meaningful source of income. [...]
The Celente Solution: If Iran is sincere that it seeks only peaceful uses for its nuclear energy, the crisis can easily be defused.
The problem isn’t that Iran seeks nuclear power. The problem is that, like the rest of the world, Iran has made a poor choice of nuclear fuel.
Uranium, the fuel that runs the world’s nuclear reactors, is lethal even when it’s not packed in a bomb. It’s absurdly complicated to handle, its behavior is touchy and unpredictable, and its waste is fatal to humans for millions of years after we’ve wrung the small amount of energy from it that our technology allows.
Instead, Iran can follow the lead of China, India, Brazil, and other nations and turn to thorium….
As is often the case, the current crisis is an opportunity. If Iran truly wants only peaceful nuclear power, it can choose thorium as its nuclear option … and the US, Israel, the EU and other nations can choose peace.
