do you know of any countrys that are controlled and run by "educated engineers" as you discribe them ?
like-wise "educated engineers" whom have complete control over all military ?
human issue #1
ecological issue #1 is
when this device is used and shone up through the atmosphere, what is it going to do to the ozone layer and the upper atmosphere ?
we the earth(mostly all living creatures, plants included) need the generic current radiation filter of the generic current atmosphere to maintain a livable planetary condition.
not withstanding socio-economic-power issue #1
all power generation is controlled and sold at premiums as a form of economic control.
that system effectively drives the entire global economic system.
were you to effectively turn that on its head, it is quite likely to undermine the majority of the global economic financial security.
this would result in quite a bit of an issue.
it would be far better to have it built in high orbit to be used for protection against astroids etc... that would not result it burning holes through the atmosphere or collapsing the global economy.
not withstanding the issue of melting ice caps and wiping out 60% of the populations living centres.