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Technology Stocks : Ballard Power -world leader zero-emission PEM fuel cells -- Ignore unavailable to you. Want to Upgrade?

To: Hawkeye who wrote (1708)	1/24/1998 10:39:00 PM
From: Hawkeye	Read Replies (1) \| Respond to of 5827

I've found several references that indicate that President Clinton will announce items of interest to BLD holders in his State of the Union Address Tuesday, assuming he hasn't resigned by then. He will be providing some detail on where the $5 billion in funding for meeting global warming commitments will go. One area mentioned is a subsidy of highly efficient autos, with those purchasers of autos achieving 2 to 3 times current ICE efficiency receiving $3000 and $4000, respectively. The other item of interest is a proposed subsidy to purchasers of up to 20% towards the cost of fuel cells for stationary power. I will try to post links to this info, but keep your fingers crossed on Tuesday. The more money available for subsidies, the sooner the technology will get widespread use and the sooner costs will come down with high volume production. Don't be surprised if other countries take this approach, it's already being talked about in the EU. Regards