This isn't one of the fancy liquid fluoride thorium reactors that people immediately think of. It's a scheme for incorporating thorium into the fuel mix in existing reactors. Still very cool.
Also, this is the first I've read that thorium reactors can also use up (dispose) waste. (Not an expert, or even an informed layperson, just a news junkie.)
We need to reduce, reuse, eliminate waste and weapons grade stockpiles. Something less evil than using depleted uranium bullets to convert foreign countries into uninhabitable radioactive hotspots.
From my casual reading, that's meant traveling wave reactors. Having another energy source is just a happy side benefit.