Thorium is referred to as a "fertile isotope," vastly more plentiful than U235. In addition, when it undergoes conversion and fission, will not produce plutonium (which U238 will do).
Michael Anissimov posted a fascinating look at Thorium fission, and other aspects of safer, more advanced fission energy, in this excellent post. Michael provides a great deal of information about advanced fission, and a several links at the bottom of his article. He also provides a visionary's look at the possibilities provided by these new technologies that is inspirational.
I never heard of this anywhere. You may find the article at Al Fin's.
This is remarkable, and I have not finished reading the Anissimov piece yet, but could not continue until I got on my tiny rooftop and shouted about it! I see hope.
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