« The future is a chip inside your head | Home | Future soldiers ironmen? »

May 30, 2005

Hydrogen Cars

Is the world at the tipping point of saying yea or nay to a hydrogen economy, at least, for transportation? What trend or world event will force the tipping point? The crystal ball remains fuzzy.

Ford and General Motors are in dire financial straits. Credit rating agencies saw the automakers' plights as so desperate they cut their credit ratings to junk status, which means it is far more expensive for them to borrow money.

At the same time, both companies are developing hydrogen-powered vehicles, and spending billions to do so. An insider at one company said there's a raging debate about whether the automaker should be spending those billions on technologies that appear to be far in the future. The debate centers around whether those billions should be cut to save money (and maybe the future of the company), or reallocate those billions to new products that will keep the company afloat in the short run.

Dennis Campbell, chief executive of a premier company in developing fuel cells, Ballard Power Systems Inc., based in Vancouver, British Columbia, thinks we're approaching the tipping point toward a hydrogen economy.

Complete Article

Posted by thinkingmachine at May 30, 2005 02:57 PM

Trackback Pings

TrackBack URL for this entry:
http://www.karmachakra.com/aiknowledge/mt-tb.cgi/261

Listed below are links to weblogs that reference Hydrogen Cars:

» investment information from investment information
investment information [Read More]

Tracked on August 18, 2007 11:27 AM

» italian news from italian news
italian news [Read More]

Tracked on September 14, 2007 01:35 PM

» texas oil news from texas oil news
texas oil news [Read More]

Tracked on September 23, 2007 10:44 AM

» Oxycodone. from Fentanyl vs oxycodone.
How strong is 30mg of oxycodone. Drug oxycodone. Oxycodone stomach problems. Oxycodone 5 325. Oxycodone. [Read More]

Tracked on February 16, 2008 12:59 AM

» Ratio of tramadol. from Tramadol.
Tramadol tablets. Tramadol hcl. Tramadol. Tramadol for dogs. What is tramadol. [Read More]

Tracked on April 16, 2008 06:47 AM

» Carice Van Houten Nude from Carice Van Houten Nude
Nwa Fuck Tha Police Nwa Fuck Tha Police Super Bikini Pics Super Bikini Pics Child Predator Lures Girl Into Van [Read More]

Tracked on July 22, 2008 04:57 PM

» Free amatuer porn movies. from Free porn movies.
Free porn movies. [Read More]

Tracked on August 26, 2008 02:50 AM

Comments

Post a comment