Friday, May 8, 2009

Obama cuts funds for hydrogen vehicles

The Wall Street Journal's Environmental Capital blog reports that among President Obama's budget cuts is $100 million funding for hydrogen vehicle technology.

I never thought I would write anything positive about the Bush administration but they were the ones back in 2003 to call for funding of research into hydrogen fuel technology.

But it looks like it's very expensive when alternatives like electric cars are cheaper:
But lately, enthusiasm among auto makers and politicians has been shifting away from hydrogen toward electric vehicles. One reason: the enormous projected cost of developing an infrastructure of hydrogen filling stations. The National Research Council, an arm of the National Academy of Sciences, said last year that the total cost of deploying a national hydrogen network could be as high as $200 billion, including $55 billion in government aid through 2023. And that amount, the council said, would be enough to put only two million hydrogen cars on the road - a small fraction of the total U.S. vehicle population of about 300 million cars and trucks.
Read the full story: Running on empty

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