As Byron put it : Time to crank these reactorshttps://www.theaureport.com/pub/co/5931
Wave of the Future Investment from the Ground Up: Byron King
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TMR: Last time you talked about recycling. Does that remain a viable option for meeting demand?
BK: Oh, yes. Recycling, in particular recycling catalytic converters, is an important option. I've mentionedPro-Or Inc. (POI:TSX.V) before. Its pilot plant has been up and running in Quebec for eight or nine months with excellent output. It seems to have a very workable chemical process, with astonishing yields and a cost curve to make grizzly old miners weep. Pro-Or is now raising funds to build more, similar reactors to improve the technology and the process.
In the U.S. and Canada, 12M or more catalytic converters are scrapped every year. Right now almost all of them are exported to Japan or South Africa, and we buy them back at full price on the showroom floor. Pro-Or offers a technological option that allows that recycling value chain to occur here in North America. The materials would stay in the North American market and we could keep that added value inside the U.S. and Canadian economies.
TMR: When could that new plant be operational?
BK:Depending on the fundraising, it could be operational in 2014. The people who run Pro-Or could crank these reactors out pretty fast if the tech took hold.
TMR: What will the world look like twenty, thirty years from now? What commodities will be critical? And what can we invest in that will make the world a better place for the long term?
BK: We're going to see absolute transformations in energy use and energy efficiency. No, we'll never defeat the laws of thermodynamics, but it will take less and less energy to do many of the things that we already take for granted today. Energy conversion levels will be much higher. Prices will fall for the technology, and it'll become more and more available to a mass market.
Materials will change, including the strength of materials. We will still use cars, but they will be stronger and more lightweight. Actually, in the future, I think the cars will be driving us. Also, the devices we carry around in our hands will get even smaller. Some communications technology might get small enough to be implanted in your skin. People will become walking specimens of technologically enhanced humanity—a more pleasant form of the Borg, of Star Trek fame, you might say.
Along the way, we have to convince our children and teenagers to study math, science and foreign languages. People who don't understand these subjects will be on the outside of the economy looking in. That is, if you can only do certain basic things, you are destined to be replaced by a robot. If you can work with other people and enhance the technology that's already there, then there's a place for you.
That's my happy version of the future. There's plenty of room for apocalyptic thinking as well. Just as technology allows more people to do good things with greater efficiency, it also allows bad people to do more bad things with greater efficiency.
The PP is done...Time to crank these reactors