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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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From: dvdw©1/13/2007 12:10:06 PM
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You will want to use the link at the bottom to see accompanying charts, the article starts here to help you decide if you want the whole thing.

In a recent study, fuel cell expert Ulf Bossel explains that a hydrogen economy is a wasteful economy. The large amount of energy required to isolate hydrogen from natural compounds (water, natural gas, biomass), package the light gas by compression or liquefaction, transfer the energy carrier to the user, plus the energy lost when it is converted to useful electricity with fuel cells, leaves around 25% for practical use — an unacceptable value to run an economy in a sustainable future. Only niche applications like submarines and spacecraft might use hydrogen.

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“More energy is needed to isolate hydrogen from natural compounds than can ever be recovered from its use,” Bossel explains to PhysOrg.com. “Therefore, making the new chemical energy carrier form natural gas would not make sense, as it would increase the gas consumption and the emission of CO2. Instead, the dwindling fossil fuel reserves must be replaced by energy from renewable sources.”

While scientists from around the world have been piecing together the technology, Bossel has taken a broader look at how realistic the use of hydrogen for carrying energy would be. His overall energy analysis of a hydrogen economy demonstrates that high energy losses inevitably resulting from the laws of physics mean that a hydrogen economy will never make sense.

physorg.com
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