To: American Spirit who wrote (251146 ) 4/25/2002 11:15:12 PM From: DavesM Read Replies (1) | Respond to of 769670 American Spirit, re:"It is really sad for us that Bush is president now because of his allegiance to big oil" whitehouse.gov "Now, there's a lot of obstacles that must be overcome in order to make fuel cells economically viable. And, therefore, we're promoting more research and development. In January, Secretary Abraham announced a $150 million FreedomCAR plan, focused on development of fuel cell technologies that run on hydrogen, whose only emission is water vapor. " "Imagine when that technology comes into being. Imagine how less dependent America will be on foreign sources of energy, and how more easy it'll be to clean up our air. And we've got plenty of water, and if water vapor is the product, we'll be in good shape. But we need to have a focused effort to bring fuel cells to market, and that's exactly what my administration is dedicated to do." "There's been some breakthroughs already. After all, NASA developed fuel cells to generate electricity, heat, and water in space vehicles. Businesses started using them in 1995. And that's why we are optimistic that within a reasonable period of time, that fuel-cell technology will become more widespread." "We've also, in the bill I submitted, made it clear that any good comprehensive energy plan must encourage consumption by providing over $3 billion of consumer tax credits, available for those who purchase hybrid and fuel-cell vehicles over the next 11 years. In other words, there is a role for the federal government, not only to encourage research and development, but a role to provide tax credits to enhance the marketplace."--Remarks by the President Bush (43)