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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (11566)	1/8/2002 5:57:43 PM
From: gravity rules	Respond to of 23153

Volume says they're a Day Traders dream!

To: Ditchdigger who wrote (11566)	1/8/2002 6:13:16 PM
From: RWS	Respond to of 23153

And MKTY. from RB thread: U.S. to Focus Vehicle Research on Hydrogen Technology (Update1) By Liz Skinner Washington, Jan. 7 (Bloomberg) -- The U.S. government is ending its program to help automakers develop an 80-mile-per- gallon sedan and replacing it with a research partnership that focuses on hydrogen technologies, the Energy Department said. Department officials have said they plan to spend more money on developing hydrogen-powered fuel cells because the technology is needed to reduce dependence on foreign oil. About 55 percent of the oil the U.S. consumes is from other countries. ``The use of hydrogen -- if realized -- offers the possibility of completely clean energy,'' U.S. Energy Secretary Spencer Abraham said in October. He'll provide details of the new program Wednesday at the North American International Auto Show in Detroit, a spokesman said. Abraham said in April that he planned to change the program begun by the Clinton administration and spearheaded by former Vice President Al Gore. The Partnership for a New Generation Vehicle is a collaboration among federal agencies, Ford Motor Co., General Motors and DaimlerChrysler to develop a car with triple the fuel efficiency of a 1994 model by 2004. A National Academy of Sciences report in August agreed the program should be reexamined, saying ``no reasonable amount of funding'' would result in the production of a marketable, affordable 80-miles-per-gallon sedan by 2004. Program Funding The administration of President George W. Bush proposed cutting $40 million from the program's $140 million budget for the current fiscal year, though Congress eventually approved $125 million in spending. ``PNGV was of limited success because there wasn't a commitment from automakers to produce the vehicles,'' said David Doniger of the Natural Resources Defense Council. ``It only required a promise for prototypes.'' Any effort to focus the nation's vehicles on hydrogen technologies should include production commitments from automakers, Doniger said. He and other environmentalists generally support hydrogen fuel cells because they are cleaner than conventional energy sources. RWS