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Friday, 04 April 2008 |
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Larry Burns, GM's VP for Research and Development declared in his speech at the National Hydrogen Association conference in Sacramento, CA that automotive fuel cell technology is ready. Mr. Burns stated that between General Motors and other car manufacturers such as Toyota, Honda, Daimler and Ford they have successfully demonstrated that the technology is reliable. The reason Mr. Burns gave that the technology is not currently on the market is due to a minimum supply of hydrogen fuel that would be needed.
Mr. Burns called on the energy industry and the government to initiate the implementation of a fuel distribution system. The predicted cost of installing hydrogen stations nationwide (U.S.) is $10-15 billion. That sounds like a large number but if one considers that that amount is simply 1/3 of ExxonMobil's profits for one quarter it does not seem unreasonable. Mr. Burns speculated that without this investment into hydrogen for transportation, the U.S. will get left behind in technology. Read the full story at Autoblog Green.com |