New energy - a return to Wardenclyffe?

"The questions I have for the scientists are quite simple. Was Tesla onto something viable, or was he just "chasing smoke and mirrors". And second, is it worth the investment to rebuild Wardenclyffe and pick up where Tesla left off?" 

I will admit it. I am a sucker for science. I am also a sucker for technology. There is so much new right now, so much just primed to jump off the drawing board and make the transition market products. What fascinates me more than anything else right now, is new energy. The holy grail. The golden fleece of the new era. In the very near future (I believe), we are going to crack the code on clean, cheap, abundant energy. 

One of the smartest men in our history was Nicolas Tesla. Even though Elon Musk has named a car company after him, Tesla gets nowhere near the credit he should for some of his very innovative thinking. But the one thing he really wanted to hang his hat on, never happened. That would be wireless energy. 

He was so sure he was right, he convinced some financial backers to help build a wireless transmission tower in Shoreham, New York. It was called the Wardenclyffe Tower (although many referred to it as the Tesla Tower). Tesla was fascinated with Marconi's radio wave propagation theory. He wanted to prove Marconi correct and then up the game. He could do so by being able to transmit messages, faxes, and even telephone calls across the Atlantic, all the way to London. Thus, he needed the Wardenclyffe Tower built to do so.

Once he was able to prove Marconi right, his next step in using his tower was to transmit electricity without the aide of wires. He thought the Earth was a natural conductor, and using the Earth as well as the atmosphere, electricity could be transmitted all over the world - without any wires.

That was around the turn of the 20th century. If he had been successful, our energy problems today, our global warming debate today, would be extinct. However, his biggest financial supporter, J. P. Morgan did not feel same love Tesla did. Morgan pulled the plug (so to speak) on the project, and all work stopped.

The questions I have for the scientists are quite simple. Was Tesla onto something viable, or was he just "chasing smoke and mirrors". And second, is it worth the investment to rebuild Wardenclyffe and pick up where Tesla left off? I think the answer to those questions are well worth spending some R+D dollars either by the government, private industry, or both. 

One more thing for all my investor friends who deal with J.P. Morgan. Remind Mr. Dimon that his company, by being cheap, might have cost this world well over a hundred years of clean and free energy. How is that for an investment Jamie?