Panel: Hydrogen cars $200B investment

July 18, 2008 at 3:49 PM
share with facebook
share with twitter

WASHINGTON, July 18 (UPI) -- The National Academies of Science has recommended the United States spend $200 billion to speed up deployment of hydrogen-powered cars.

The NAS recommended Washington pony up $55 billion for hydrogen-power development through 2023. The rest of the funding would come from industry, the Detroit News reported Friday.

With that much spent there could be as many as 2 million hydrogen-powered cars on U.S. roads, the report said.

That would only be a start to a switch to hydrogen-based fuels for U.S. drivers. Currently, there are about 300 million vehicles registered in the United States, the News reported.

"Any serious plan to supplant petroleum is going to require serious investment from the public and private sector," said General Motors Corp. spokesman Greg Martin.

One of the principle obstacles to hydrogen power is the lack of a distribution system.

But, hydrogen fuel cell vehicles are touted as practically pollution-free. The only byproduct of a hydrogen powered engine is water vapor.

Related UPI Stories
Topics: Greg Martin
Trending Stories