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Published on Dec 15, 2011
In the early 20th century, the Yugoslav--American scientist and inventor Nikola Tesla discovered a means to draw on the Earth's ionosphere for a wireless broadcast of electric power around the world. Once his main financial backer, J.P Morgan, found out that the energy produced thereby could not be metered, he terminated the project and, as a 51% shareholder, also acted to bury this visionary technology. With the exception of the construction cost of the network of broadcast towers themselves, Tesla's "World Wireless" system would have provided free energy for all mankind and constituted a mortal threat to the petroleum, coal, and natural gas industries. It would have allowed us to avert the oil wars and environmental devastation of the 20th century. Tesla died penniless and alone in New York City, where he spent most of his life.