Oil and hydrogen don't mix
Production costs for fuel cells won't come down until demand increases. But demand won't increase until production costs come down. Likewise, there won't be a sizable demand for hydrogen as a fuel until there is a ready and available supply. But there won't be a supply until there is a demand.Which is why the federal government's decision to throw what proportionately amounts to nickels and dimes at the problem won't make much of a difference, at least not for the foreseeable future. The main beneficiaries of this woefully underfunded program, of course, are the big oil companies that have long had a major influence within the Bush family's political machine.
Hal Plotkin has written a precise explanation of hydrogen technology embedded in a political treatise: A persuasive condemnation of Bush's insincere stab at developing hydrogen fuel cells, the "FreedomCAR" initiative. Read it here.
originally posted by judlew