US physicists in the late 1940s explored thorium fuel for power. It has a higher neutron yield than uranium, a better fission rating, longer fuel cycles, and does not require the extra cost of isotope separation.
The plans were shelved because thorium does not produce plutonium for bombs. As a happy bonus, it can burn up plutonium and toxic waste from old reactors, reducing radio-toxicity and acting as an eco-cleaner.
In 1940 the physicist and especially their funding overlords (never forget about those) we looking to create a bomb, not solve a non-existent energy crisis. In 1940 the idea oil and coal might run out was not preposterous but certainly not anywhere near as widely “felt” as what we think of it today. Energy needs were considerably lower: for comparison hot running water was not a given in rural areas of say the UK. Nor was central heating.
In fact, the reason why we ended up with boiling water is pretty much this focus on getting weapon grade material: alternative uranium reactors such as molten salt do not have quite the same “yield” of plutonium either. Our nuclear reactors are essentially derivatives of military breeder designs.
EDIT: As I understand it (don't count on this to be accurate) thorium and molten salt reactors are something which were more actively rejected/shelved during the Cold War instead of during WWII. During WWII priorities were getting the bomb and managing the reaction (difficult in itself, there are a number of documented mishaps in project Manhattan). During Cold War funding went to further military research mostly, but a few prototypes of thorium reactors were built. Success having been achieved (in terms of: we can do it, and it works really well) the whole thing was shelved (due to lack of funding/interest in building these things). Designs which are proposed now are essentially based on re-creating the 1950's/1960's designs actually.
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