Prosperity

In Africa much energy comes from burning labor-intensive biofuel,

In Tanzania forest poachers sell little piles of charcoal for about 20 cents.
Kenya firewood is laboriously collected and sold for cooking fuel.

Developing nations understand the value of energy.

Social progress requires energy.

One kilowatt-hour of electricity enables $4-6 of gross domestic product.

Each dot represents a nation in this analysis by Roger Andrews. At $4GDP/kWh a single 1 GW electric power plant enables $32 billion of GDP in developing nations. Academics Robert Ayres and Benjamin Warr come to similar conclusions in their book, The Economic Growth Engine: How Energy and Work Drive Material Prosperity
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Coal power plants are developing nations' economic choice today.

Coal is their cheapest reliable power source.

The world is building 574 GW of new coal plants.

Greenpeace, the Sierra Club, and Global Energy Monitor compiled and published a 2019 report, Boom and Bust 2019: Tracking the Global Coal Plant Pipeline.

ThorCon generates reliable energy cheaper then coal.


ThorCon generates electricity cheaper than coal because the capital cost of the plant is less and the cost of fuel is less.

Rich nations do what they want; poor nations do what they must.

ThorCon will offer power cheaper than coal. In economic self-interest developing nations will choose ThorCon over coal, improving their prosperity, and avoiding more global CO2 emissions.

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