Long-term implications of the new E-Cat technology

E-Cat in operation
E-Cat undergoing testing operations which were successful.

There has been a lot of excitement since the positive 3rd-party E-Cat report last week about what the new technology means for our lives and the world.  What does cheaper, decentralized energy mean for us in the long-term? For one thing, these test results seem like a total vindication of the highly controversial work of Cold Fusion researchers Fleischmann and Pons, as I reported in a previous video. Here are some comments on the e-catworld.com site, by a purported engineer, about the implications of the new technology on how we live. He argues that electricity costs will be cut in half, energy independence of many countries, a gradual reduction in demand for hydrocarbon fuels like natural gas and oil (though he doesn’t mention it, this includes solar, wind, biofuels, and hydro too)  and a general decentralization of the energy grid, among other things. There are also plenty of geopolitical implications as the energy playing field is leveled across the globe.