Energy Media Articles

Excerpts of Key Energy Media Articles in Major Media

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Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.

When I meet [Edward] Moses [at the Lawrence Livermore National Laboratory], the 60-year-old scientist ... shows me a tiny pellet ... and swears it will provide an endless supply of safe, clean energy. The pellet Moses holds is a model, but the real version will contain a few milligrams of deuterium and tritium, isotopes of hydrogen that can be extracted from water. If you blast the pellet with a powerful laser, you can create a reaction like the one that takes place at the center of the sun. Harness that reaction, and you've created a star on earth, and with the heat from that star you can generate electricity without creating any pollution. Forget about nuke plants, coal, oil, or wind and solar. "This is the real solar power," says Moses. What Moses is talking about is controlled nuclear fusion. Instead of splitting the nucleus of an atom, you're trying to force a deuterium nucleus to merge, or fuse, with a tritium nucleus. When that happens, you produce helium and throw off energy. Scientists have been trying to produce energy with fusion for decades. So far, they keep failing. The joke is that fusion energy is only 40 years away, and will always be only 40 years away. Moses believes, however, that his lab, which is called the National Ignition Facility, or NIF, has cracked the problem. The big challenge fusion has faced is lack of power. NIF's laser ... can produce 60 times more energy than any other laser ever built. Right now it's still being tested. But next year Moses and his scientists will fire it up with a full load of deuterium-tritium fuel, and Moses feels confident it will achieve "ignition," meaning a controlled burn in which you get out more energy than you put in.

Note: For many reports from reliable sources of promising new energy developments, click here and here.

If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track electric-vehicle future, you're in for a big disappointment. Chrysler has disbanded the engineering team that was trying to bring three electric models to market as a rush job. Chrysler [had] cited its devotion to electric vehicles as one of the key reasons why the Obama administration and Congress needed to give it $12.5 billion in bailout money. The change of heart on electric vehicles has come under Fiat. At a marathon presentation of Chrysler's five-year strategy, CEO Sergio Marchionne talked about just about everything on Chrysler's plate ... except its earlier electric-car plans. With the group's disbanding, Chrysler's electric plans will be melded into Fiat's. Marchionne is apparently no fan of electric power. He says electrics will only make up 1% or 2% of Fiat sales by 2014 and that he doesn't put a lot of faith in the technology until battery developments are pushed forward. As a result, Chrysler won't have an electric car on sale as soon as next year, such as the Dodge Circuit sports car concept it had unveiled. The change has come so fast that Chrysler's website has been still featuring pictures of the electric vehicles. As late as August, Chrysler took $70 million in grants from the U.S. Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans, vehicles now scrapped in the sweeping turnaround plan for Chrysler.

Note: For reports from reliable sources on promising new developments in electric automobile technologies, click here.

You may have heard of abiotic oil, the notion that oil is not the result of ancient biomass – hence the term fossil fuels — but rather from compressed methane seeping up from the Earth’s mantle. Most petroleum engineers spurn abiotic oil as a crackpot idea, but the notion has percolated along and been popularized by books such as Thomas Gold’s Deep Hot Biosphere. Setting aside the climate issue of burning petroleum, the idea of naturally replenished oil supplies is alluring considering oil is by far the most portable, energy dense fuel around. [A] paper published in Energy & Fuels, a peer-reviewed publication, supports the theory of abiotic oil. For their study geochemists at the Carnegie Institution of Washington combined the key ingredients for the abiotic synthesis of methane in a device and then simulated the high pressures and temperatures near the interface between the Earth’s crust and mantle. They found it highly plausible that methane could form from chemical reaction in this environment, writing that their experiment “strongly suggests that it is likely that, in deep earth geologic systems, some methane generation is inevitable.” The theory of abiotic oil holds that rapidly rising streams of compressed methane gas reach the crust from the mantle, and when they strike pockets of high temperature they condense into heavier hydrocarbons like crude oil.

Note: For more on the intriguing abiotic oil theory, click here. For key reports from major media sources on promising energy sources, click here.

Researchers have discovered a magnetic equivalent to electricity: single magnetic charges that can behave and interact like electrical ones. The work is the first to make use of the magnetic monopoles that exist in special crystals known as spin ice. Writing in Nature journal, a team showed that monopoles gather to form a "magnetic current" like electricity. The phenomenon, dubbed "magnetricity", could be used in magnetic storage or in computing. Magnetic monopoles were first predicted to exist over a century ago, as a perfect analogue to electric charges. In September this year, two research groups independently reported the existence of monopoles - "particles" which carry an overall magnetic charge. But they exist only in the spin ice crystals. These crystals are made up of pyramids of charged atoms, or ions, arranged in such a way that when cooled to exceptionally low temperatures, the materials show tiny, discrete packets of magnetic charge. Now one of those teams has gone on to show that these "quasi-particles" of magnetic charge can move together, forming a magnetic current just like the electric current formed by moving electrons. The team ... showed that when the spin ice was placed in a magnetic field, the monopoles piled up on one side - just like electrons would pile up when placed in an electric field.

The Casimir effect governs interactions of matter with the energy that is present in a vacuum. Success in harnessing this force could someday help researchers develop low-friction ballistics and even levitating objects that defy gravity. For now, the U.S. Defense Department's Defense Advanced Research Projects Agency (DARPA) has launched a two-year, $10-million project encouraging scientists to work on ways to manipulate this quirk of quantum electrodynamics. Vacuums generally are thought to be voids, but Hendrik Casimir believed these pockets of nothing do indeed contain fluctuations of electromagnetic waves. He suggested [that] as the boundaries of a region of vacuum move, the variation in vacuum energy (also called zero-point energy) leads to the Casimir effect. Recent research done at Harvard University, Vrije University Amsterdam and elsewhere has proved Casimir correct — and given some experimental underpinning to DARPA's request for research proposals.

Note: Debunkers of the new energy movement have long claimed that zero point energy is a theoretical construct which cannot have practical applications. This article shows that attitudes are now shifting. For lots more reliable information on what's still hidden from the public on the new energy front, click here.

Advances in technology for extracting [natural] gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected. Tony Hayward, BP's chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years' supply – and rising fast. "There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources," he said. The breakthrough has been to combine 3-D seismic imaging with new technologies to free "tight gas" by smashing rocks, known as hydro-fracturing or "fracking" in the trade. The US is leading the charge. Texas A&M University said US methods could increase global gas reserves by nine times to 16,000 TCF (trillion cubic feet). Shale gas is undoubtedly messy. Millions of gallons of water mixed with sand, hydrochloric acid and toxic chemicals are blasted at rocks. This is supposed to happen below the water basins but accidents have been common. Pennsylvania's [environmental authorities] have shut down a Cabot Oil & Gas operation after 8,000 gallons of chemicals spilled into a stream. The claims of BP ... are so extraordinary that we may need to rewrite the geo-strategy textbooks for the next half century.

Note: For more on the risks associated with fracking, click here. For lots more from reliable sources on new energy developments, click here.

Applied Materials is one of the most important U.S. companies you’ve probably never heard of. It makes the machines that make the microchips that go inside your computer. The chip business, though, is volatile, so in 2004 Mike Splinter, Applied Materials’s C.E.O., decided to add a new business line to take advantage of the company’s nanotechnology capabilities — making the machines that make solar panels. The other day, Splinter gave me a tour of the company’s Silicon Valley facility, culminating with a visit to its “war room,” where Applied maintains a real-time global interaction with all 14 solar panel factories it’s built around the world in the last two years. Not a single one is in America. Let’s see: five are in Germany, four are in China, one is in Spain, one is in India, one is in Italy, one is in Taiwan and one is even in Abu Dhabi. The reason that all these other countries are building solar-panel industries today is because most of their governments have put in place the three prerequisites for growing a renewable energy industry: 1) any business or homeowner can generate solar energy; 2) if they decide to do so, the power utility has to connect them to the grid; and 3) the utility has to buy the power for a predictable period at a price that is a no-brainer good deal for the family or business putting the solar panels on their rooftop. Regulatory, price and connectivity certainty, that is what Germany put in place, and that explains why Germany now generates almost half the solar power in the world today and, as a byproduct, is making itself the world-center for solar research, engineering, manufacturing and installation. With more than 50,000 new jobs, the renewable energy industry in Germany is now second only to its auto industry.

Note: For lots more from reliable sources on promising new energy developments, click here.

Researchers at the Royal Institute of Technology (KTH) in Stockholm have managed to prove that fossils from animals and plants are not necessary for crude oil and natural gas to be generated. The findings are revolutionary since this means, on the one hand, that it will be much easier to find these sources of energy and, on the other hand, that they can be found all over the globe. “Using our research we can even say where oil could be found in Sweden,” says Vladimir Kutcherov, a professor at the Division of Energy Technology at KTH. Together with two research colleagues, Vladimir Kutcherov has simulated the process involving pressure and heat that occurs naturally in the inner layers of the earth, the process that generates hydrocarbon, the primary component in oil and natural gas. According to Vladimir Kutcherov, the findings are a clear indication that the oil supply is not about to end, which researchers and experts in the field have long feared. He adds that there is no way that fossil oil, with the help of gravity or other forces, could have seeped down to a depth of 10.5 kilometers in the state of Texas, for example, which is rich in oil deposits. As Vladimir Kutcherov sees it, this is further proof, alongside his own research findings, of the genesis of these energy sources – that they can be created in other ways than via fossils. This has long been a matter of lively discussion among scientists. “There is no doubt that our research proves that crude oil and natural gas are generated without the involvement of fossils. All types of bedrock can serve as reservoirs of oil,” says Vladimir Kutcherov.

Note: The research work of Kutcherov and others on this topic was recently published in the scientific journal Nature Geoscience. For more reports from reliable sources on key new energy discoveries, click here.

Its superfast, supersecret oil trading software was called the Hammer. And if the Commodity Futures Trading Commission is right, the name fit well with an intricate scheme that allowed commodity traders in Chicago working for Optiver, a little-known company based in Amsterdam, to put their orders first in line and subtly manipulate the price of oil to the company’s advantage. Transcripts and taped conversations of actions that took place in 2007 ... reveal the secretive workings of high-frequency trading, a fast-growing Wall Street business. Critics say this high-speed form of computerized trading, which is used in a wide range of financial markets, enables its practitioners to profit at other investors’ expense. Traders in the Chicago office of Optiver openly talked among themselves of “whacking” and “bullying up” the price of oil. But when called to account by officials of the New York Mercantile Exchange, they described their actions as just “providing liquidity.” In July 2008, the commission charged Optiver with manipulating the price of oil; negotiations over a settlement continue. The Securities and Exchange Commission has opened up an investigation into high-speed-trading practices, in particular the ability of some of the most powerful computers to jump to the head of the trading queue and — in a fraction of a millisecond — capture the evanescent trading spread before the rest of the market does.

Note: This and other reports likely show only the tip of the iceberg of how prices of key stocks and commodities are manipulated. For a great collection of reports from major media sources on the schemes and tricks used by financial corporations, click here.

It is one of evolution's crowning achievements - a mini green power station and organic factory combined and the source of almost all of the energy that fuels every living thing on the planet. Now scientists developing the next generation of clean power sources are working out how to copy, and ultimately improve upon, the humble leaf. The intricate chemistry involved in photosynthesis, the process where plants use sunlight to convert water and carbon dioxide into sugar, is the most effective solar energy conversion process on Earth. And researchers believe that mimicking parts of it could be the ticket to a limitless supply of clean power. The untapped potential for using the sun's rays is huge. All human activity for a whole year could be powered by the energy contained in the sunlight hitting the Earth in just one hour. Harnessing even a small amount of this to make electricity or useful fuels could satisfy the world's increasing need for energy, predicted to double by 2050, without further endangering the climate. Most solar power systems use silicon wafers to generate electricity directly. But although costs are coming down, these are still too expensive in many cases when compared with fossil fuels such as coal, oil and gas. Scientists are keen to develop more efficient and cheaper alternatives sources of energy. At Imperial College London, researchers have embarked on a Ł1m project to study, and eventually mimic, photosynthesis. Part of a project called the "artificial leaf", involves working out exactly how leaves use sunlight to make useful molecules. The team then plans to build artificial systems that can do the same to generate clean fuels such as hydrogen and methanol. These would then be used in fuel cells to make electricity or directly to power super-clean vehicles..

Note: For more reports from reliable sources on exciting new energy developments, click here.

Once upon a time, you needed a crystal ball to see the future. Now all you need is a powerpoint. This week in Japan, Nissan unveiled the future of motoring, the production-ready, plug-in, electric family car. Called the Leaf, this spacious five-door hatch promises to usher in a new paradigm of motoring. Its name was chosen to indicate clean air, or, as the company said, because it "purifies air by taking emissions out of the driving experience." It's not a far-off dream of engineers, either. The Leaf will be on the roads in Japan and the US next year. And Nissan has two more EVs (electric vehicles) that are "imminent," as one senior company executive [said]. Simple in concept yet sophisticated in its execution, the car plugs into regular powerpoints to charge its onboard batteries. Unlike hybrids such as Toyota's Prius, Honda's Insight and the forthcoming Holden Volt, the Leaf doesn't require any petrol. It's 100 per cent electric. So far, Nissan, in its alliance with Renault (the two companies share the one chief executive but have separate boards), has signed understandings or agreements with 27 governments around the world to bring in electric cars. For consumers, though, the biggest hurdle will be its price. Rival Mitsubishi has its first all-electric car, the iMiEV, on the cusp of entering Japanese showrooms but, contrary to its diminutive size, it carries a big price tag there -- nearly $60,000 [Australian]. But Nissan is working on the financing details of the Leaf so it costs less to own and run than a comparable petrol car. It's Nissan's EV strategy to take the technology to the masses.

Note: For more reports from reliable sources on exciting new automotive technology and energy developments, click here.

The federal government is behind the times when it comes to making decisions about advancing the solar industry, according to several solar-industry experts. This has led, they argue, to a misplaced emphasis on research into futuristic new technologies, rather than support for scaling up existing ones. That was the prevailing opinion at a symposium last week put together by the National Academies in Washington, DC, on the topic of scaling up the solar industry. The meeting was attended by numerous experts from the photovoltaic industry and academia. And many complained that the emphasis on finding new technologies is misplaced. "This is such a fast-moving field," said Ken Zweibel, director of the Solar Institute at George Washington University. "To some degree, we're fighting the last war. We're answering the questions from 5, 10, 15 years ago in a world where things have really changed." Industry experts at the Washington symposium argued that new technologies will take decades to come to market, judging from how long commercialization of other solar technologies has taken. Meanwhile, says Zweibel, conventional technologies "have made the kind of progress that we were hoping futuristic technologies could make." For example, researchers have sought to bring the cost of solar power to under $1 per watt, and as of the first quarter of this year one company, First Solar, has done this. These cost reductions have made solar power cheaper than the natural-gas-powered plants used to produce extra electricity to meet demand on hot summer days.

Note: Interesting that MIT has reported this story, but none of the major media picked it up. Solar energy will very likely be cheaper than oil-generated energy in under 10 years. For more on the current state of solar, click here.

If not for the Finnish American Reporter, Steve Lehto would never have eaten barbecued chicken in Jay Leno's garage after taking a ride in a car that sounds like a vacuum cleaner. Also, Lehto wouldn't have finally found an agent for his book [Chrysler's Turbine Car: The Rise and Fall of Detroit's Coolest Creation] about the Chrysler Turbine. The Chrysler Turbine was essentially a stylish, bronze-colored, four-seat sedan with a jet engine. It could run on gasoline, kerosene, or just about anything else, including Chanel No. 5 and tequila. Of the 55 that Chrysler produced, none were sold to the public, and all but nine were destroyed when the experiment ended. A collector in Indiana owns one. Museums have five. Chrysler had three -- and now one of them is [Jay] Leno's. "He offered to let me drive it if I was ever in town," Lehto says, "which I just happened to be, as soon as I could get tickets." Yelps and cheers from bystanders as they cruised the streets of Burbank. Cuisine from a grill in one of Leno's garages. Another ride in a steam-powered 1907 White. More yelps and cheers. Also, an offer from Leno. If it'll help sell the book, he'll write a [foreword]. It does help; a New York agent has agreed to shop it around. Lehto is still in car-buff heaven. "I was 3 feet across from Jay Leno," he marvels, "having lunch."

Note: This amazing engine could run on vegetable oil and more. Why didn't it get more publicity? For lots more fascinating information on the engine, click here. For why it never got developed, click here.

The big drive to create a viable alternative-energy future — by Detroit, multinationals such as IBM and BP, and Silicon Valley startups — is well-known. But there's another serious player in this sphere: the U.S. military, and especially DARPA [the Defense Advanced Research Projects Agency]. Created at the height of the Cold War to bolster U.S. military technology following the Soviet Union's Sputnik satellite launch, the agency has a long history of innovation. Most famously, DARPA's researchers first linked together computers at four locations in the early 1960s to form the ARPANET, a computer network for researchers that was the core of what eventually grew into the Internet. Other breakthroughs have helped lead to the commercial development of semiconductors, GPS, and UNIX, the widely used computer operating system. Can DARPA now score another double success by changing how both the military and civilian worlds consume and produce energy? DARPA's first goal is always to magnify the might of the U.S. armed forces. That's why Arlington (Va.)-based DARPA is devoting an estimated $100 million of its $3 billion annual budget to alternative energy. DARPA describes itself as an incubator of long-shot technologies too risky for almost anyone else to take on. The agency operates by issuing challenges to companies that are so tough they are called "DARPA-hard." Typically, DARPA requires contractors to come up with solutions that are orders of magnitude superior to current technology. In addition to spurring the development of palm-size fuel cells, DARPA has contracted with companies to miniaturize solar cells that would supplant the need for generators.

Urine-powered cars, homes and personal electronic devices could be available in six months with new technology developed by scientists from Ohio University. Using a nickel-based electrode, the scientists can create large amounts of cheap hydrogen from urine that could be burned or used in fuel cells. "One cow can provide enough energy to supply hot water for 19 houses," said Gerardine Botte, a professor at Ohio University developing the technology. "Soldiers in the field could carry their own fuel." Pee power is based on hydrogen, the most common element in the universe but one that has resisted efforts to produce, store, transport and use economically. Storing pure hydrogen gas requires high pressure and low temperature. Chemically binding hydrogen to other elements, like oxygen to create water, makes it easier to store and transport, but releasing the hydrogen when it's needed usually requires financially prohibitive amounts of electricity. By attaching hydrogen to another element, nitrogen, Botte and her colleagues realized that they can store hydrogen without the exotic environmental conditions, and then release it with less electricity, 0.037 Volts instead of the 1.23 Volts needed for water. Stick a special nickel electrode into a pool of urine, apply an electrical current, and hydrogen gas is released. A fuel cell, urine-powered vehicle could theoretically travel 90 miles per gallon. A refrigerator-sized unit could produce one kilowatt of energy for about $5,000, although this price is a rough estimate, says Botte. "The waste products from say a chicken farm could be used to produce the energy needed to run the farm," said John Stickney, a chemist and professor at the University of Georgia.

Note: For many exciting reports from reliable sources on new energy technologies, click here.

A cloudspotter from Somerset believes he has identified a new type of cloud. Gavin Pretor-Pinney, from Somerton, who also founded the Cloud Appreciation Society, wants recognition for what he has named the asperatus cloud. He said: "It looks quite violent - as if you are looking up from underneath the turbulent surface of the sea." Weather forecaster Michael Fish told BBC Radio 4's Today programme he thinks it is caused by a mixing of two air masses or the bottom of a storm cloud. Mr Pretor-Pinney, who wrote the Cloudspotter's Guide ... asked his cousin - who is a Latin teacher - for a word that means choppy or turbulent that is used to describe the sea to name the cloud after. "Asperatus comes from the Latin verb aspero meaning 'to roughen up' or 'agitate'," he said. "It was used by the poet Virgil to describe the surface of a choppy sea." Mr Fish said he was "quite amazed" by pictures showing clouds fitting Mr Pretor-Pinney's asperatus description. “There has been no change to the classifications of clouds since 1953 and maybe this should be considered now. I can offer two explanations - they are either the mixing of two air masses - very warm humid air and and very cold dry air and it is like oil and water - it doesn't mix. These clouds could be formed at the boundary of these two air masses. Or ... they could be the turbulent underbelly of one of the huge thunder clouds." Mr Pretor-Pinney said the pictures were sent in by cloud society members from all over the world and some of them said there was no storm activity or heavy precipitation in the area at the time.

Note: How strange that a new type of cloud is now appearing. What changes could be causing this new formation? For more photos of these most unusual new clouds, click here. Or visit the Cloud Appreciation Society, founded by Mr. Pretor-Pinney.

The man who drove his 20-year-old Mustang from Napoleon, Ohio, to Las Vegas and back last year on 39 gallons of fuel will open his first manufacturing facility Monday to allow others to get 110 miles per gallon. Doug Pelmear, owner of Horse Power Sales.net Inc. and Hp2G LLC, will hold an open house ... in Wauseon to begin manufacturing his revolutionary engine. The factory ... will be tooled to initially turn out 20 of Mr. Pelmear's custom engines per day with one shift of 25 workers. A Decatur, Ind., specialty car company, Revenge Designs Inc., has contracted with Mr. Pelmear to purchase 2,000 engines for use in a new vehicle it plans to unveil at the end of this year at the Los Angeles International Auto Show. The vehicle is to be called the Revenge Verde Super Car, which will use Mr. Pelmear's 400-horsepower engine and its 500 foot-pounds of torque to travel up to 200 mph and get 110 mpg - though admittedly not at the same time. "The engine is going to be a really great partnership with the car," explained Emily Levault, a spokesman for Revenge Design. "The idea behind this was to give people what they want while putting people back in their jobs." Ms. Levault said the Verde will be introduced as both a left and right-hand drive, so that it can be marketed around the world. Mr. Pelmear has said that he employs more precise tolerances and manufacturing techniques to decrease heat and energy loss and increase the efficiency of the internal combustion engine. He said he has more than quadrupled the industry average engine efficiency of about 8 percent.

Note: For a treasure trove of reliable reports on breakthrough developments in auto and new energy technologies, click here.

One of the newest energy lobbyists claims he has the answer to climate change: spaceships. The government has in its possession "extraterrestrial vehicles," lobbyist Stephen Bassett said. As in flying saucers. Imagine the power source, he said, behind a 30-foot wide saucer that weighs the same as a tractor-trailer yet hurtles through galaxies at 20,000 miles per hour. "What is the energy system operating that craft?" Bassett said. "They're not burning kerosene." Bassett ... is working for free as a lobbyist, representing the Hawaii-based Exopolitics Institute, an educational organization which describes itself as "dedicated to studying the key actors, institutions and political processes associated with extraterrestrial life." Bassett said he is less lobbyist and more political activist. "The UFO phenomenon is real," Bassett said. "The E.T. extraterrestrial presence is real." Bassett's been lobbying about seven months, targeting the science and technology, and defense and aviation angles. He added energy to his portfolio in a Senate filing last week. He has spoken to lawmakers in the past, Bassett said, but he's writing off lobbying Congress for now, calling the extraterrestrial issue "the third rail" of politics. Besides, he and other believers have a bigger name on their list. "Knowing that Congress could not act," Bassett said, "what we did was focus on the executive branch, the White House." Those who believe the truth is out there have been waiting for someone like President Obama to come clean about the government hiding information on extraterrestrials, Bassett said.

Note: What's highly unusual about this article is that there is not a note of ridicule. This may be a first for a UFO article in the New York Times. For lots more eye-opening, reliable information on this topic, including a Times article in which a former CIA chief describes a UFO cover-up, click here and here.

In 1901, Nikola Tesla began work on a global system of giant towers meant to relay through the air not only news, stock reports and even pictures but also, unbeknown to investors such as J. Pierpont Morgan, free electricity for one and all. It was the inventor’s biggest project, and his most audacious. The first tower rose on rural Long Island and, by 1903, stood more than 18 stories tall. Tesla, who lived from 1856 to 1943, made bitter enemies who dismissed some of his claims as exaggerated, helping tarnish his reputation in his lifetime. Today, his work tends to be poorly known among scientists, though some call him an intuitive genius far ahead of his peers. He was widely celebrated for his inventions of motors and power distribution systems that used the form of electricity known as alternating current, which beat out direct current (and Thomas Edison) to electrify the world. Around 1900 ... inventors around the world were racing for what was considered the next big thing — wireless communication. [Tesla's] own plan was to turn alternating current into electromagnetic waves that flashed from antennas to distant receivers. The scale of his vision was gargantuan. Investors, given Tesla’s electrical achievements, paid heed. The biggest was J. Pierpont Morgan, a top financier. He sank $150,000 (today more than $3 million) into Tesla’s global wireless venture. But Morgan was [eventually] disenchanted. Margaret Cheney, a Tesla biographer, observed that Tesla had seriously misjudged his wealthy patron, a man deeply committed to the profit motive. “The prospect of beaming electricity to penniless Zulus or Pygmies,” she wrote, must have left the financier less than enthusiastic.

Note: This article underplays a number of things about Tesla. Morgan stopped funding him primarily because he eventually realized that there would be no way to charge for the electricity Tesla was generating. If successful, electricity would be available virtually for free to those supplied by his tower. Tesla was then shunned by the power elite and his rightful claim as inventor of the radio (not Marconi) was erased in the history books. As stated on the PBS website, "It wasn't until 1943 — a few months after Tesla's death — that the U.S. Supreme Court upheld Tesla's radio patent number 645,576." For more on this amazing man, click here and here.

Twenty years ago it appeared, for a moment, that all our energy problems could be solved. It was the announcement of cold fusion - nuclear energy like that which powers the sun - but at room temperature on a table top. It promised to be cheap, limitless and clean. Cold fusion would end our dependence on the Middle East and stop those greenhouse gases blamed for global warming. It would change everything. But then, just as quickly as it was announced, it was discredited. So thoroughly, that cold fusion became a catch phrase for junk science. Well, a funny thing happened on the way to oblivion - for many scientists today, cold fusion is hot again. "We can yield the power of nuclear physics on a tabletop. The potential is unlimited. That is the most powerful energy source known to man," researcher Michael McKubre told 60 Minutes correspondent Scott Pelley. McKubre says he has seen that energy more than 50 times in cold fusion experiments he's doing at SRI International, a respected California lab that does extensive work for the government. McKubre is an electro-chemist who imagines, in 20 years, the creation of a clean nuclear battery. "For example, a laptop would come pre-charged with all of the energy that you would ever intend to use. You're now decoupled from your charger and the wall socket," he explained. The same would go for cars. "The potential is for an energy source that would run your car for three, four years, for example. And you'd take it in for service every four years and they'd give you a new power supply," McKubre told Pelley.

Note: To watch the full, revealing 12-minute video clip of this segment, click here.

Important Note: Explore our full index to key excerpts of revealing major media news articles on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.