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Technology Stocks : Fuel Cell Investments
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To: Bradpalm1 who wrote (55)9/17/2000 8:59:54 PM
From: Bill on the Hill  Read Replies (1) of 280
 
Excellent news forum relating to Hydrogen and its eventual use as alternative to hydrocarbons.

hyweb.de

Statements made at the hydrogen forum in Munich last week:
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Robert Priddle, Executive Director, International Energy Agency: "There will be no problems in the supply of crude oil for the next 50 years."

Werner Müller, Federal Economics minister, Germany:

Germany is extremely dependant of crude oil imports. But you cannot expect the oil producing countries to give thier oil away for nothing. If the consuming countries reduce their demand by higher energy efficiency an oil price of $25 to $30 will result.

"What I am missing in the present discussion on gasoline prices is the consciousness that we need to save energy!"

"If fuel cells should be established successfully on the market, they could lead to a revolution in energy supply structures."

The introduction of a hydrogen infrastructure is no fundamental problem.

unknown person in the audience, venture capital company, North America:

"What I am missing here is an point - aim - shoot mentality. Why don't you find your goal and really go for it?"

Equipping all of the 100.000 filling stations in the USA with a hydrogen outlet would require a capital investment of $20 billion. In one year alone, some $30 billion have been invested in .com companies in the US.

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This is a very interesting link and well worth the time to visit and read carefully

Good reading,

Bill
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