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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: SGJ who wrote (101014)	2/7/2009 2:10:49 PM
From: Hawkmoon	Read Replies (1) of 110194

Wrong time to do it and too much at one time. Why increase spending on alternative energy that may be obsolete before the program is complete? Bingo!! Especially since the majority of all Lithium (for the batteries) comes from Bolivia, which would do NOTHING to keep US $$$ here at home employing Americans. I'm all for Alternative energy that can compete with fossil. But I believe it's time to truly focus on how to achieve energy independence via series of transitions from Gas, to Nat Gas, to Hydrogen. The problems for Hydrogen, however, are how to produce it in sufficient quantities at a competitive cost. The only way is nuclear power (or other alternative baseload power). Secondly, we need to have a non-platinum anode material for the Fuel Cell, which many scientists are researching. Thirdly, we'll need the distribution network, something that would be enhanced by the transition to domestically produced NatGas vehicle conversions. Most of all, conversion of vehicles to NatGas makes the most sense in the interim due to its low cost and widespread availability (and no.. I don't own stock in Chesapeake Energy.. ;0). The Honda GX looked like a promising vehicle, but Honda apparently cut back on promoting it, and/or it's home refueling system: popsci.com Hawk

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