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
https://energyfromthorium.com/cubic-meter/
That is, the claim that the earth's crust contains orders of magnitude more energy than an equivalent volume of crude oil or coal -- as you might be aware, the world consumption of oil is around 1 cubic mile per year,
https://en.wikipedia.org/wiki/A_Cubic_Mile_of_Oil
I have seen these estimates as well but nuclear energy is dead end, so that is that. It is fusion, or it is just downsizing and clean energy. The other problem is even if fusion of nuclear worked it would just mean more people and still bad for the environment. We simply have to accept that we need less people, much less people.
Limitless energy will create more problems than it will solve. So what if we can get to Mars? We will just destroy like we are doing to the earth.