Thank you. Will look forward to additional energy articles.

Sincerely,
Joe Powell, Retired

Thanks for the note. As we noted in the epilogue comment at the end of the article, there was no way to cover everything in this one piece. And as we also said … stay tuned, for there’s more to come.

Again, thanks for taking the time to comment, and for enabling us to reiterate this point.

Hope to hear from you again….

Respectfully;

William Patalon III
Executive Editor
Money Morning

I have two billionaire American investors sitting on the fence because of intensive lobbying efforts by the energy industry, which is determined to stop technological progress. The stakes are very high for the US and the world. Since I won’t be stopped, cheap energy may soon be in the hands of just a few countries. This was not my intent. My intent was to license the technology world-wide with the US as the engineering and production base. This will create a million high paying jobs and help restore our manufacturing base.
Incidentally, the engineering estimates for the production costs per KWH are only .0125 cents. This makes my system the lowest cost producer for electricity. There is currently only a test system. A production quality system needs to be built with additional funds from private investors or international bodies. The system is initially for the production of electricity, but may be eventually adapted to power vehicles, trains, and ships. It is also a zero emission system, 100% clean, and non-polluting. The electricity is self-generating and mileage for vehicles would be virtually unlimited.
As far as the issue of job creation is concerned, at the very worst there would be no negative impact in numbers. The new jobs would most likely involve higher level and paying skills.
The concept for the system and the initial design work were from my father, Floryan A. Lohutko, who just happened to create the silicon wafer chip at Xerox and the pulse engine for secret US aircraft.
This new technology is very real and has taken 29 years to develop. Can you see the need for an international Manhattan Project type of program? It would mean energy independence, zero pollution, and reasonable electricity on a world-wide basis. It would literally usher in a new age of economic growth because almost everyone on earth could have dependable electricity.
Of course, if a few countries get first or exclusive use of the new technology, which is their primary interest, their economies will thrive on low cost, clean energy, and the rest of the world will be either held hostage or stuck in the fossil fuels age.
I sincerely believe that the US will remain in the fossil fuels age because the US has really chosen business as usual. We should have enough sense to lock in this transformational electric technology, but resistance is very great so other nations will benefit.

Conrad A. Lohutko, Ph.D.
President of Agile Logistics Technology, LLC,
International Hydropower, Inc.