Uranium–uranium dating
U, with a half-life of about 4.5 billion years, decays to U through emission of an alpha particle to thorium-234 (Th), which is comparatively unstable with a half-life of just 24 days. Th then decays through beta particle emission to protactinium-234 (Pa)). This decays with a half-life of 6.7 hours, again through emission of a beta particle, to U. This isotope has a half-life of about 245,000 years. The next decay product, thorium-230 (Th), has a half-life of about 75,000 years and is used in the uranium-thorium technique. Although analytically simpler, in practice U/U requires knowledge of the ratio at the time the material under study was formed and is generally used only for samples older than the ca. 450,000 year upper limit of the Th/U technique. For those materials (principally marine carbonates) for which these conditions apply, it remains a superior technique.
Uranium market
In 1983, physicist Bernard Cohen proposed that the world supply of uranium is effectively inexhaustible, and could therefore be considered a form of renewable energy. He claims that fast breeder reactors, fueled by naturally-replenished uranium extracted from seawater, could supply energy at least as long as the sun's expected remaining lifespan of five billion years. These reactors use uranium-238, which is more common than the uranium-235 required by conventional reactors.