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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (216077)1/9/2002 11:05:54 AM
From: gao seng  Read Replies (1) | Respond to of 769669
 
Has the announcement been made yet? All I can find, besides the part from Boortz, is this, from yesterday:

Fuel Cell Makers Soar on U.S. Hydrogen Initiative

By TSC Staff

01/08/2002 04:24 PM EST

Shares of companies that make fuel cells shot up Tuesday in anticipation of a policy speech in which the U.S. government is expected promote hydrogen as an alternative energy source for automakers.


Ballard Power (BLDP:NYSE - news - commentary - research - analysis) gained $4.26, or 14%, to $34.96, while Plug Power (PLUG:NYSE - news - commentary - research - analysis) was up $3.20, or 37%, to $12.04. Fuelcell Energy (FCEL:NYSE - news - commentary - research - analysis) added $3.91, or 22%, to $21.85.

All three companies sell proton exchange membrane fuel cells, which convert hydrogen into energy with little or no waste residue. Energy Secretary Spencer Abraham is expected to announce a program with the heads of the Big Three automakers in which the government will back a hydrogen-based infrastructure for fuel efficiency.

The program will replace an existing initiative that had tried to compel automakers to produce a sedan that got 80 miles per gallon.
thestreet.com