$35 Million in Stimulus Went to Santa Fe Company

New Mexico Watchdog - by David Collins - The company that landed the largest direct contract awarded in Santa Fe under Pres. Barrack Obama’s 2009 stimulus bill didn’t exactly promise the moon and the stars. What Energy/Matter Conversion Corp. (EMC2 Fusion) of Santa Fe has often promised is the power that lights the stars. If the claims of EMC2 Fusion founder Robert Bussard prove true, the world soon could be on a fast track toward abundant low-cost energy produced in clean, radiation-free nuclear-fusion plants. At the time this article was posted, EMC2 Fusion’s Website proposed a working fusion reactor in four years. The company’s lead researcher says the technology might produce electricity at a cost of 2 to 5 cents a kilowatt. New coal or gas-fired plants currently produce electricity for about 9 or 10 cents a kilowatt.“So if this technology works it will be like a silver bullet, and be fundamentally superior to any competing technology. The issue is whether it works or not,” Richard Nebel told Nextbigfuture.com in 2009. Read full story here: News New Mexico

$35 Million in Stimulus Went to Santa Fe Company