Arab News Editorial Urges Companies to Support R&D — Cold Fusion Mentioned

An editorial published today (March 6, 2015) in Arab News, an English language Saudi Arabian daily newspaper, urges Saudi companies not to neglect the funding of research and development of new technologies.

The article states:

Even though the payback of research is obvious, most companies will feel that they cannot afford it. This is as true here in the Kingdom as anywhere else in the world. For a manufacturing company to be running its own R&D facility may seem an unnecessary extravagance.

But as Prince Turki bin Saud bin Mohammed Al-Saud, the president of King Abdulaziz City for Science and Technology (KACST) made clear this week, in one way or another most Saudi companies should be thinking about funding research.

The basic thrust of the article is that technological advances are taking place at unprecedented rates in various parts of the world (Europe, North America, India, China) and Saudi Arabia needs to keep up in order to stay relevant. The article gives the example of how graphene research has taken off and now companies are seeking to use the material to create better batteries and materials lighter, stronger cars — perhaps eventually leading to a car which is a battery itself.

The editorial also mentions cold fusion:

Some answers today seem frankly unreachable. The issue of Cold Fusion, generating a nuclear reaction at room temperature, rather than with the immense heat currently required, is one such inquiry. Just as medieval alchemists sought the Philosopher’s Stone that would turn base metal into gold, so Cold Fusion currently seems unattainable. But never say never.

Saudi Arabia, as everyone knows, is a kingdom built on oil wealth. And here we see the mention of two new energy technologies that could potentially severely disrupt their primary source of wealth. If people in the higher echelons of the Saudi business world are urging businesses to fund research, even thought the costs are high, and the chances of failure are real, it could indicate that they are thinking of how they can move on from an oil economy and find another, more modern, source of wealth.

  • Paul Maher

    I honestly do not care who controls LENR. I simply want to see it adopted as the 21st century energy paradigm. There is also a handful of other technologies dealing with production and storage that are up and coming. One thing is clear, Oil has got to go!! Upcoming ICCF-19 should clear things up with any kind of luck at all.
    Paul Maher
    coldfusionnow.org

  • http://www.facebook.com/ian.walker.7140 Ian Walker

    Hi all

    Saudi Arabia is fully aware, it has more than enough money to employ the best analysts in the world, it knows what the people in oil market have been doing since Rossi publicly demonstrated a working LENR reactor in September 2011. It has been strategically placing itself for 30 years of managed decline in the fossil fuel market, it was ahead of the curve on every recent shift in the oil futures market and made money off every recent move, and even felt confident to predict many of them.

    It is now set up to take over the remaining oil fuel market thus making the same profit levels by being the dominant supplier in the oil market; replacing high margins on low volume with low margins on high volume. It is just about the only major supplier that can do this because its production costs are so low.

    Further Saudi Arabia will be early adopters of LENR in oil field production and distribution, there will be LENR powered oil pumps, tankers and freighters long before their are LENR cars.

    Oil as a fuel will not die off over night, people will not just scrap their gas guzzlers sometime in next 12 months, when Industrial Heat announce a commercial industrial LENR product. It will take several years to make LENR cars and get them through the design and testing process. In the mean time oil prices will drop precipitously making the cost of switching more significant. There will be expensive early adopter versions, the Ferraris and Porches, as with any new technology, before it percolates down to the mass market, and Saudi Arabia and any other Fossil fuel dependent market makers will do all in their power to slow the adoption of LENR.

    And after all that Oil is still a chemical feeder stock for plastics and chemical industry and the lubricant market will not change due to LENR.

    In all truth Saudi Arabia probably welcomes LENR.

    Kind Regards walker

    • Alain Samoun

      I may receive 1000 lashes, but I don’t feel very comfortable if the Saudis control LENR in the future as they control oil today:
      http://www.independent.co.uk/news/world/middle-east/raif-badawi-the-saudi-arabian-blogger-sentenced-to-1000-lashes-may-now-get-the-death-penalty-10077877.html

      If developers of LENR want to take the money of these people,they may want to think twice…

      • http://www.facebook.com/ian.walker.7140 Ian Walker

        Hi all

        In reply to Alain Samoun

        I fail to see any possibility of Saudi control of LENR. That they are a major player in the current energy market and as a result have considerable capitol clout is a given but its sole ability to control LENR is contained in its ability to shift its own market position. That is what they have engaged in. They cannot encompass LENR from that position. They are just a player in the world economy, not the sum of it. Compare their wealth to say that of China or even India.

        Such a change of position comes with a cost, same as with any entrenched player in a market, but properly managed, with advance knowledge and strategic forethought, any such change of position can be achieved with minimum disruption by an entity with a ready and liquid capitol supply.

        While LENR is a revolutionary Black Swan in the energy market, that will alter large swathes of the world economy, opening up space industries for one, LENR is just one factor in the world economy, LENR may well alter the way chemicals are manufactured but the raw materials will still be required. LENR may alter the balance of the transport industry making mass transit economically more viable than individual transport or the opposite could be true.

        Across the world opportunities for removal of entrenched players will increase, only those entrenched players with the forethought and strategies to cope with the change by upping sticks and abandoning those entrenched positions, will survive though probably in a radically different form.

        Such market situations lead to massive expansion of the world economy, one has only to consider the historical examples of the steam power and the dawn of the industrial age, or the internal combustion age and the arrival of the auto-mobile, or the mass adoption of computers in the 1980s, or the internet in the 1990s, or the mobile revolution we have just passed through.

        LENR will be bigger than those combined, but we are more aware and better educated and better able to distribute ideas and products, so it will be faster.

        Kind Regards walker

  • psi2u2

    This seems a small yet highly promising development.

  • Alain Samoun
    • Buck
    • Omega Z

      Saudi’s are a divided country.
      The Monarchy is pro West & pro Western society in large part. There are places behind closed doors that you could mistakenly think you are in a western country. Then you go outside & it’s like night & day. In public, the Saudi cleric’s are in charge with their religious police. As to your link, It is Galileo all over again.

      Their people are divided about 50/50 in a 50 shades of gray kind of way. The Monarchy is trying to nudge their society into a more modern mind set, but it is a balancing act. If they push to hard to fast, they could be overthrown by the hardliners. The West actually understands this. The differences are about how fast is to fast or slow of change.

      The Saudi Monarchy have a planned path to the future even tho it may be slower then we like. But we should allow them to set the pace. It is their heads(literally) that will roll if they push to fast. If the hardline clerics take charge there is no telling how long it would take to change if at all.

      As to those who take issue with a Monarchy, Note the UK still has one in a sense. A similar arrangement could come about in time.

      • georgehants

        Omega, the UK monarchy is nothing but a tourist attraction a Wonderful PR organisation and entertainment for young children and those that like to look-up to something, far better that them looking-up to some self-serving politicians.
        Trick is to keep the core fully financed for best effect in maximizing the great profit they make as listed above, without financing distant relatives and unnecessary hangers-on.
        Also in any great crisis the Queen would be used to far better effect to calm the population than self-serving politicians etc.

        • Omega Z

          Yes George, I am aware that it is more or less window dressing.
          I thought a long time ago that such an arrangement as the UK has would be a good way to ease out a Monarchy from power when the time is right.

          The U.S. sidestepped that situation. George Washington was offered the thrown after the revolution, but wanted no part of it. Thus we have a Presidency.

          Speaking of which, You both share the same name. Are you related. 🙂

          I don’t know what you think of the man,
          But you have to like the name.

          • georgehants

            Omega, Ha, yes George a good name I think.
            I like anybody in public office that works for society and the people without a personal or self-serving agenda, that means I do not like any politicians etc.
            George Washington, unfortunately I do not know his history well enough to give any opinion.
            One, I think, cannot have a party system of government, as it means just a choice between very narrow minded agendas, only a free system where people vote on all policies independent of politics would fit today’s World.

            • Omega Z

              Agreed, I take issue with the party system as well.
              People can campaign as individuals & be list randomly under candidate A or candidate B just prior to the election. Thus requiring the people to know a candidate & what he stands for rather then just voting a party line & know nothing about the candidate. These politicians could then vote as individuals on laws, Etc rather then voting the party line according to what the party leadership tells them to.

  • Gerard McEk

    That is what I would do. I would at least explore the dangers and threats that would undermine the sole foundation of their wealth. With their money they can buy knowhow and licenses and ensure they will survive the next 50 years. I hope they realize that LENR will come and cannot be stopped.

    • Omega Z

      Gerard
      They know. Roger Green who is 1 of the still existing licenses has Saudi investors in his portfolio.

    • GreenWin

      Some of those deals are already done. They are however still black projects as the Kingdom does not want to disrupt the petro industry or their clerics. Just like 16th century Rome in some ways.

  • Buck

    It seems that the PTB are adjusting old policies and taking up new as preparation for what we consider inevitable.

    Rossi considers the approach of Arab News as intelligent.

    • GreenWin

      True Buck. Taken along with the Indian Academy publication of Special Section on LENR, and the recognition of Dr. Parkhomov in Russia — a series of milestones are being revealed along the path to full acceptance of Cold Fusion… again. This time there is universal backing that no cadre of naysayers or skeptics can compete against.

      • Buck

        GW,

        we are living in a remarkable time. Let us hope that cool heads prevail, preventing war and enabling the conversion to LENR for the benefit of all local communities.