Introduction:
Fusion reactions happen when atomic nuclei combine under extremely high temperatures (millions of degrees Fahrenheit) forming an enormous amount of clean plasma heat which can be harvested as electricity. This supplies base-load energy capacity without emitting greenhouse gasses or producing hazardous waste materials like other primary sources do, such as natural gas plants or nuclear fission reactors.
In a recent breakthrough in the United States, sustainable fusion plasma equilibrium was proven with a higher output than input, paving the way for commercial-scale fusion energy production. Technological advances have transformed what was previously a distant promise into a current reality. America now has an opportunity to build the first pilot fusion reactor.
The Boerner Administration will bring the first full-scale fusion reactor online within its first Presidential term. Four Department of Energy sites have been selected as potential locations for this monumental program. The Boerner Administration will pave the way for abundant, clean, and cheap energy to help rebuild our national prosperity and drive inflation down.
Core tenets:
- Develop fast-track approval process
- Establish funding priorities
- Encourage investments from Big Energy players
- Expand access from universities offering education programs
Fast-Track Approval Process:
Establishing regulatory reforms would require developing assured permitting processes within pertinent federal agencies. We will streamline procedures with the Department of Energy and Environmental Protection Agency through deliberation with policymakers and departments responsible. Currently budgeted Superfund dollars will be used to help speed up the pilot site selection process.
Our Administration intends to work alongside Congress crafting legislation to expedite licensing pathways. This will enable entrepreneurs investing in the fusion plasma energy field to get quicker approvals, bypassing most bureaucratic red tape.
Funding Priorities:
The Boerner administration will open capital funds for the private Fusion Plasma Energy (FPE) sector. The administration will increase federal grants for FPE R&D mechanisms that create more efficient and cost-effective utilization of products and methods. These funds will be used for fundamental research on plasma behavior as well as experimental reactors that provide validation of key performance parameters related to fusion systems, while speeding up technological readiness levels.
Investment Incentives:
Private multi-national energy players are generally aiming their resources toward projects showing rapid economic returns rather than those with predominantly academic emphasis. However, now that FPE is a proven technology, these large energy entities are seeking a way into the market. There is a need therefore for policies that incentivize companies to participate in the production of FPE technologies in the United States.
As an added benefit, fusion brings many large industrial manufacturing corporations back home as energy costs will drop sharply. The cost of doing business in the United States will be more attractive to corporate America.
Universities offering educational programs:
Along with the private sector, the Boerner administration will continue to work with Universities studying Fusion Plasma Energy (FPE). The administration will increase funding to the Department of Energy and FPE laboratories in the United States.
In addition, the administration will increase student grants for the FPE field in order to prepare America for a Fusion Future. This will not only provide the necessary workforce for the growing fusion industry but also foster innovation and research in this critical area.
Opportunity and Prosperity:
In order to consolidate our position as the global energy market leader, we should invest in “total solution extraction” methods. This will help the United States become a net energy exporter of petroleum products, and retain gas and metals for the FPE stockpile. The Boerner administration will encourage the energy industry to retrofit operations, which will help increase their overall revenue. In addition, our economic dominance will be secured through international export agreements of refined oils.
Although the “Green New Deal” seeks to reduce damage to the environment with solar, water, and wind technology, it has been proven that the lifespan of these technologies do not meet the landfill costs at the end of their life cycle. Many of the resources used in these products, such as lead and cadmium are toxic to the environment if they wind up in landfills. Furthermore, the base manufacturing ingredients and production for these ‘green’ technologies are found and based in foreign nations.
The “New Red Deal” sources all of its materials here in the United States, and Fusion Plasma Energy plants would last several generations. This in turn would drive an economic benefit through nearly-free, safe, and limitless energy. U.S. advanced manufacturing, data centers, and other energy intense market segments would benefit greatly from FPE. This transformative multi-generational energy technology would make the United States the world’s first Hyperpower.
The “New Red Deal” will allow the United States to transition away from the petrodollar standard. Our Fusion Future will allow the United States to peg the dollar value to the gross domestic energy output. This would ascend our status as the leader in global markets.
Estimated Return on Investment:
Investing in fusion power technology presents a significant potential return on investment (ROI) for both private sector and taxpayers alike. The initial capital investment for building full-scale fusion reactors may seem daunting; however, once operational these facilities promise virtually unlimited clean energy supply. This translates into reduced electricity costs across industries nationwide. Consumers benefit directly through lower utility bills, ultimately saving billions when compared against current rates.
Moreover, the fusion industry is expected to create thousands of high-paying jobs in research, development, construction, and operation sectors. This will lead to increased tax revenues for federal and state governments while simultaneously reducing unemployment rates across the nation. New opportunities will arise within this emerging field, offering promising career paths.
Fusion Power Energy will bring industrial manufacturing back to the United States. This onshoring of big industry not only will create renewed job markets in abandoned manufacturing regions, but it will rejuvenate the Made in America brand in world markets.
With the “New Red Deal” policy directive, not only will the nation reap substantial economic benefits domestically, but also export its innovations abroad. We will strengthen our key partnerships with allied nations who seek solutions in combating their own environmental challenges.
Conclusion:
The “New Red Deal” represents a transformative opportunity for America’s energy landscape by investing heavily into fusion power technology. By prioritizing funding initiatives, streamlining approval processes within federal agencies, partnering with Congress through legislation, and expediting licensing pathways - entrepreneurs can bring forth innovations in the Fusion Plasma Energy sector at an accelerated pace. Our economy will benefit overall during a time when environmental concerns are paramount among its citizens.
The Fusion Future brings the American dollar back into a prime position. By tying the gross domestic energy output to the dollar, it will remain the world reserve currency. By embracing this bold initiative, America can once again lead the world in innovation and progress, while creating a brighter future for all its citizens.
Through collaboration between the private sector, universities, and government entities, the United States will become a global leader in fusion power technology. The “New Red Deal” will not only ensure our nation’s energy security, but also contribute to environmental sustainability and economic prosperity for generations to come.
About Eric Jon Boerner for President:
Boerner seeks the 2024 presidential nomination with a problem-solving perspective based on his vast experience in federal government and innovative tech fields. To learn more about his campaign and vision for America, visit EricBoerner.com.
For more information or to request an interview, please contact:
Jay Fratt Campaign Director Email: Jay@EricBoerner.com Phone: (360) 936-7478