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Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Stew who wrote (5284)	3/4/2001 11:45:00 PM
From: CH4	Read Replies (1) \| Respond to of 6016

Japan Ministry Backing Clean Gasoline Research for Fuel Cell Applications The Japanese Ministry of Economy, Trade and Industry plans to invite domestic automakers and energy companies to participate in the development of technology aimed at removing sulfur from regular gasoline for use in fuel cell-powered vehicles, according to Nikkei Weekly. The ministry plans to establish an official body with Toyota Motor Corp., Honda Motor Corp. and other companies this month to set unified quality standards for the gasoline. It will also seek funding in the country's 2002 budget to subsidize technology development. The ministry has sided with gasoline as the preferred method of hydrogen extraction for use in fuel-cell vehicles, saying gasoline would be more practical than methanol because existing service stations can be used to supply modified gasoline to fuel-cell vehicles. The ministry plans to call on approximately 80 companies to participate in the project, including Toyota, Honda, Nissan Motor Corp., Mitsubishi Motors Corp., Mazda Motor Corp. and Nippon Mitsubishi Oil Corp. Analysts predict the initiative will draw backlash from the country's methanol industry and automakers that favor extracting hydrogen from methanol. stockhouse.com ... link to SH post.