I just received my annual TCP-1 letter from LLNS and a summary of the LLNS Pension Plan. Looked in pretty good shape in 2013. About 35% overfunded (funding target attainment percentage = 134.92%). This was a decrease from 2012 where it was 51% overfunded (funding target attainment percentage = 151.59%). They did note that the 2012 change in the law on how liabilities are calculated using interest rates improved the plan's position. Without the change the funding target attainment percentages would have been 118% (2012) and 105% (2013). 2013 assets = $2,057,866,902 2013 liabilities = $1,525,162,784 vs 2012 assets = $1,844,924,947 2012 liabilities = $1,217,043,150 It was also noted that a slightly different calculation method ("fair market value") designed to show a clearer picture of the plan' status as December 31, 2013 had; Assets = $2,403,098,433 Liabilities = $2,068,984,256 Funding ratio = 116.15% Its a closed plan with 3,781 participants. Of that number, 3,151 wer...
Comments
March 22, 2014 at 9:01 AM
If production costs and federal subsidies are included, all of those (except natural gas) consume more value than they produce. Do some homework.
And what did NIF or any other new energy source of fuel research ever produce. How about absolutely nothing. I'll take all that was mentioned in March 22, 2014 at 9:01 AM post no matter what the cost. At least I would get something in return and it would make jobs for people for decades to come. You need to stop being a parasite on the government dole rooting for projects that only fill your pocket with an income.
Omar will be getting a noble price in 5-10 years.
March 23, 2014 at 7:46 AM
Who's doing that? Apparently you prefer rooting for projects that will empty your pockets and fill those of others. Keep pushing technologies that can only survive with massive government subsidies. If they are viable, they will succeed on their own. Did Henry Ford get government subsidies to develop the successor to horse-and-buggy technology?
Maybe not the Gov't but private money. Rockefeller was anxious to sell crude to his refinery buddies. Standard oil remember. I would not be surprised if Rockefeller threw some change to old Henry.
Incidentally, as to hibachi problems, the Electra KrF laser has operated 50,000 consecutive shots at five pulses per second. As for focusability, the target is about a millimeter in diameter. The genius of ISI optical smoothing is that it produces an ultra-uniform laser beam at the millimeter size, and can be zoomed inward as the target implodes, to improve coupling efficiency. As for pulse shaping, it is more difficult than for glass, but designs show it can meet the requirements. It can even produce short pulses and shocks to enhance target performance. Not possible in a hohlraum.
aided and abetted by LLNL upper level management.
aided and abetted by LLNL upper level management.
March 25, 2014 at 6:14 PM
And rightly so. It is past time to do away with the scientific farce and fallacy that is ICF.
https://www.academia.edu/6453025/HighPowerLaserScienceandEngineering_Laser_requirements_for_a_laser_fusion_energy_power_plant
The political question is whether funds can be found to further test this concept, given the mess that Moses and Lindl made. It will be difficult, but it is too early to determine.
The fact that management of it was given to such leeches is unfortunate for having destroyed the reputation of the facility and obscured its real (and only) value.
...and yet I've heard numerous knowledgeable individuals comment that the Weapons side of the LLNL house did not need or want NIF. The fusion energy mission of NIF inspired all of us to work doubly hard to complete the project. If it was just a weapons machine, I don't think that NIF as a laser/target interaction facility would have been completed. Just my opinion.
March 27, 2014 at 10:36 PM
Taxpayer-funded massive delusion.