This post is also available in: Español
President Biden’s infrastructure plan includes the goal of getting to no net carbon emission by 2050. The Fusion Industry Association (which LPPFusion is a member of) has proposed a way of making that goal practical—and even well exceeding it. The FIA is proposing a $1 billion Fusion Energy Development Plan that will have the US Government match private fusion expenditures dollar-for-dollar. As outlined in FIA’s March 31 statement, such a plan would fund a broad-based fusion effort that could build working fusion generators within this decade. A rapid roll-out after that of cheap, clean fusion generators could eliminate fossil fuels well before the Biden target of 2050.
Without fusion, the Biden plan’s proposed spending of about $250 billion per year for the next 8 years (which is for all infrastructure, not just energy) would not make a big dent in the estimated $30 trillion required to eliminate fossil fuel use in the US with only solar and wind power. But fusion generators as cheap as those LPPFusion expects to develop would allow complete replacement of fossil fuels for a total capital investment of less than $500 billion.
The US Congress has already authorized a small public-private fusion program at $60 million per year. Money still needs to be appropriated to make this program a reality. The FIA’s significantly larger 5-year plan, with the government spending $200 million per year, would be big enough to allow every possible route to fusion to be fully funded. This is the only certain way to get to fusion energy rapidly. It would be a tiny fraction of the planned infrastructure and research expenditures. But it would be the only practical route to eliminating fossil fuels. We at LPPFusion fully support the FIA proposal. We hope that all of our supporters will let their representatives know about this plan.