$12 billion dollars. That’s the amount General Motors estimates would be needed to install an energy infrastructure based on hydrogen that could provide fuel for more than 70% of Americans. Does anyone think this is a bit on the low side? I mean, if that’s a realistic number — awesome — but why the hell are we arguing over costs? I understand that this is only one piece of the puzzle, but when we’re giving away $18 billion in tax breaks to Big Oil regularly, I don’t see allocating money for shifting America to a more sustainable fuel as an issue. Obviously, we just require the will and collective planning to make it a reality. From the article,
Establishing an infrastructure to fuel hydrogen- powered vehicles is “economically viable and doable,” General Motors Corp. said Wednesday as the auto giant keynoted the National Hydrogen Association’s annual meeting. Larry Burns, GM’s vice president for research and development and strategic planning, called on the energy industry and government to step up and help automakers make the futuristic vehicles a reality, in part by opening hydrogen fueling stations to encourage their use.
Obviously, some hurdles remain before hydrogen can be considered a clean fuel. The generation of the hydrogen is still energy intensive and produces CO2. Fuel cells also currently require the precious metal platinum; though alternatives are in development. GM’s plea is great to hear, but the old saying of “10-15 years” will probably still apply to this futuristic industry before you see a hydrogen station in your neighborhood.
via morningstar
