The world's largest nuclear fusion reactor is the product of collaboration between 35 countries — including every state in the European Union, Russia, China, India and the U.S. — ITER contains the world's most powerful magnet, making it capable of producing a magnetic field 280,000 times as strong as the one shielding Earth.
If one supports this kind of science, but is also libertarian, how does one propose to fund this type of massive projects that cost billions? Not being facetious, really curious...
Edited using perplexity ai :
If one supports fusion energy research but is also libertarian, funding massive projects that cost billions can be a challenge. Here are some possible approaches:
By adopting these strategies, it is possible to fund massive fusion energy projects while maintaining a libertarian approach that emphasizes private sector involvement and accountability.
Sources
[1] DOE Announces $42 Million for Inertial Fusion Energy Hubs https://www.energy.gov/articles/doe-announces-42-million-inertial-fusion-energy-hubs
[2] US announces $46 million in funds to eight nuclear fusion companies https://www.reuters.com/business/energy/us-announces-46-million-funds-eight-nuclear-fusion-companies-2023-05-31/
[3] $6.2 Billion Fusion Energy Funding Race - Nuclear Business Platform https://www.nuclearbusiness-platform.com/media/insights/62-billion-fusion-energy-funding-race-turning-the-dream-of-creating-a-star-on-earth-into-reality
[4] DOE Announces $46 Million for Commercial Fusion Energy ... https://www.energy.gov/articles/doe-announces-46-million-commercial-fusion-energy-development
[5] Congress Increases U.S. Funding for Fusion Energy Sciences ... https://www.fusionindustryassociation.org/congress-increases-u-s-funding-for-fusion-energy-sciences-research/
The best way for me to respond to anything AI --> I wont read this.
Can there be scientific progress when "scientists" have zero skin in the game because the politicians and technocrats that finance them and their projects also have zero skin in the game? They've got the money printer.
The fiat system is hoping for the miracle that saves it: nuclear fusion, AI singularity, quantum computers... They need the rate of productivity increase to be higher than the rate of plunder increase.
What will we get before? Fiat productivity miracle or hyperbitcoinization? Place your bets. I've already placed mine.
Im just curious, if it has that powerful of a magnet, wouldnt it affect many things that depend on polarity?
Good question.
It is extremely localized. Also, a magnetic field decreases with the square (or even cube) of the distance, so it won't reach far away from the Tokamak.
Fiat price is meaningless. IF anything the funding has siphoned the power of liquidity from others due to money printing (duplication via keystrokes and signatures.). The reward may be power but the same people funding this are also complaining that we use too much power (unless our military needs this and then we need it all.).
Maybe over some type of bond program like we saw with El Salvador's volcano bonds a few years back... oh wait.
That is a good question. I love when I see humans collaborating in science like that, for the greater cause. It gives me hope.