Skip to main content

Financial Tsunami: 1995–1999

  • Chapter
  • First Online:
Book cover Search for the Ultimate Energy Source

Part of the book series: Green Energy and Technology ((GREEN))

  • 1081 Accesses

Abstract

Congressional midterm elections were held in the USA in November 1994. As a result, the Republican Party took control of both the House of Representatives and the Senate in January 1995. When control of either Congress or the Presidency passes from Democrats to Republicans (or vice versa), the inevitable result is that, regardless of the merits, whatever was being done previously is discounted and “change” is required. Rep. Newt Gingrich was elected Speaker of the House. He announced a new policy to be called “the Contract with America.” In practice, this meant “cut federal spending.” The Contract with America called for cutting the fusion program by about 50 % [78].

A Molehill Can Be a Mountain to a Sparrow

R. Godden

Author, An Episode of Sparrows

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Dean S.O.: Fusion power by magnetic confinement: program plan. U.S. Energy Research and Development Administration report ERDA-76/110 (July 1976) posted at http://fire.pppl.gov/us_fusion_plan_1976.pdf Also published in J. Fusion Energ. 17, 263 (1998)

  2. Fusion Power Associates Executive Newsletter (1995)

    Google Scholar 

  3. Holdren J.P., et al.: An assessment of environmental, safety, and economic aspects of fusion. LLNL Report UCRL-53766 (1989)

    Google Scholar 

  4. Conn, R.W., et al.: A restructured fusion energy sciences program. J. Fusion Energ. 15(183) (1996)

    Google Scholar 

  5. Holdren J.P., et al.: Report to the President on Federal Energy Research and Development for the Twenty-first Century (November 1997); posted at http://fire.pppl.gov/pcast_1997.pdf

  6. Holdren J.P., et al., The U.S. Program of Fusion Energy Research and Development: Report of the Fusion Review Panel of the President’s Council of Advisors on Science and Technology. J. Fusion Energ. 14:213 (1995)

    Google Scholar 

  7. Dean, S.O., et al.: Pathways to fusion power. J. Fusion Energ. 17(1) (1998)

    Google Scholar 

  8. Dean, S.O., et al.: Cost-effective steps to fusion power. J. Fusion Energ. 17(177) (1998)

    Google Scholar 

  9. Meserve R.A., et al.: Realizing the promise of fusion energy: Final Report of the Task force on fusion energy. J. Fusion Energ. 18:85 (1999); posted at http://fire.pppl.gov/SEAB_final_Nov99.pdf

  10. Dean, S.O.: Fusion science and technology for the new millennium. J. Fusion Energ. 18, 1 (1999)

    Article  MathSciNet  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Stephen O. Dean .

Rights and permissions

Reprints and permissions

Copyright information

© 2013 Springer Science+Business Media New York

About this chapter

Cite this chapter

Dean, S.O. (2013). Financial Tsunami: 1995–1999. In: Search for the Ultimate Energy Source. Green Energy and Technology. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-6037-4_8

Download citation

  • DOI: https://doi.org/10.1007/978-1-4614-6037-4_8

  • Published:

  • Publisher Name: Springer, New York, NY

  • Print ISBN: 978-1-4614-6036-7

  • Online ISBN: 978-1-4614-6037-4

  • eBook Packages: EnergyEnergy (R0)

Publish with us

Policies and ethics