30 years away

As the joke goes, nuclear fusion is 30 years away…and always will be. An article on the €15bn International Thermonuclear Experimental Reactor (ITER) which is being funded by an international coalition, including the EU, the US, China, India, South Korea and Russia,

…Yes, €15bn is a lot of money to be spending building ITER. But, by comparison, the global cosmetics and perfume industry is worth some $170bn a year…

Another comparison is that the EU pays out c€50bn in subsidies on the common agricultural policy. Every year. Who/what organisation/entity is the biggest recipient of subsidies in the UK? Answer under the fold…

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