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SCI/TECH: Funding for Fuel Cell Cars

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posted on Mar, 30 2005 @ 03:43 PM
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The U.S. Department of Energy announced partnerships worth $158 million with two car manufacturers aimed at fostering technology development and raising public awareness of fuel cell vehicles. Both companies will develop demonstration fleets to help in this effort. The DOE is also working with energy companies to discover and correct problems delaying the widespread use fuel cell vehicles. In a separate agreement Shell Hydrogen will establish five hydrogen refueling stations between Washington D.C., and New York City.
 



news.zdnet.com
The agency on Wednesday announced two separate five-year fuel cell agreements: an $88 million pact with General Motors and a $70 million deal with DaimlerChysler.

The DOE says it wants the programs to foster technology development and raise awareness about the vehicles, whose fuel cells use hydrogen to generate electricity that propels them, the companies said.

Under the agreement announced on Wednesday, GM will build a 40-vehicle fuel cell fleet. GM will spend $44 million to create fuel cell vehicle demonstration fleets in Washington D.C., New York, California and Michigan, the company said in a statement, with the DOE contributing the remaining $44 million.

Separately, DaimlerChrysler said it will spend more than $70 million to further develop its fuel cell vehicles in the United States.



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This announcement could be timed as the result of the climbing gas cost in the country. Many Americans are clamoring for fuel taxes to be reduced or new oil resources to be established, and some are even looking into alternative technology to solve the problems. For many Americans, the purchase price for one of these vehicles, even with government subsidizing, is too expensive.

These types of programs may help raise the awareness of these vehicles, and spur some companies to speed up the process of research and development. But, shouldn’t the market drive these private companies to do this on their own?

If we are really going to reduce our dependence on oil, it will come from the consumer, not the DOE. If gas gets to $3 or $4 a gallon, then hopefully we will see some real progress.


[edit on 3/30/05 by NoPhobos]

[edit on 3/30/05 by NoPhobos]

[edit on 3/30/05 by NoPhobos]




posted on Mar, 30 2005 @ 04:15 PM
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These types of programs may help raise the awareness of these vehicles, and spur some companies to speed up the process of research and development. But, shouldn’t the market drive these private companies to do this on their own?


Everything helps, and I applaud the DOE for getting involved. Here are a few more links you might find interesting.

www.pbs.org...

and

www.skywindpower.com...



 
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