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Bad Credit Credit Creditres Stephen Tang pumped his fist Tuesday when President Bush proposed spending $1.2 billion to develop nonpolluting hydrogen-powered cars. "Attaboy!" Tang exclaimed.

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Bad Consolidation Credit Debt He runs Millennium Cell Inc. in Eatontown. It's one of at least 30 New Jersey companies racing to perfect technologies for harnessing the power of hydrogen, the most abundant molecule in the universe.

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Bad Company Credit Repair "It was quite a moment to hear an oil man say 'hydrogen' and 'energy of the future.' It was a defining moment for energy independence," Tang said yesterday.

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Bad Card Credit Credit Other hydrogen groups echoed Tang's glee over the president's message and a rival $6.5 billion proposal by Sen. Byron Dorgan (D- N.D.).

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Bad Car Credit Loan In his State of the Union, Bush called for a new commitment to create environmentally friendly cars. Stressing America's need to wean itself from foreign oil, Bush touted "a simple chemical reaction between hydrogen and oxygen (that) generates energy, which can be used to power a car producing only water, not exhaust fumes."

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Bad Credit Loan Mortgage Bush was referring to fuel cells, a technology that was cutting-edge in 1839. Fuel cells use chemical reactions to make electricity from hydrogen. NASA has used them aboard spacecraft for decades, and fleets of fuel cell-driven cars and buses are being tested in California, Canada and Europe.

Auto Bad Credit Loan Once-bulky fuel cells now fit inside car trunks, and cruising ranges are surpassing 200 miles. The auto industry, which spends more than $1 billion a year on fuel-cell research, anticipates the first pricey consumer models will hit showrooms around 2012.

Bad Credit Mortgage Refinance The biggest challenge will be getting hydrogen to filling stations.

Bad Credit Refinance Lighter than air, hydrogen gas is tricky to transport and store. It does not exist in a free state, so it must be extracted -- which takes energy -- from water or natural gas, methanol, gasoline, coal or biomass, said Peter Hoffmann of the Hydrogen & Fuel Cell Newsletter.

Bad Credit Mortgage Second Some environmentalists want the United States to invest in creating a hydrogen delivery system.

Bad Credit Loan Student Other industry groups favor faster, cheaper -- and less clean -- methods for converting natural gas, methanol or gasoline into hydrogen. Such conversion might occur at the pump, or in devices inside cars.

Bad Card Credit Nobody knows what all this might cost, but all agree the hydrogen economy won't come cheap.

Bad Credit Financing At a minimum, the government estimates hydrogen costs four times more to produce than gasoline. And fuel cells cost ten times more than typical engines.

Bad Credit Home Loan Mortgage The "Hindenburg factor" poses another hurdle. The image of the hydrogen-filled Nazi zeppelin ablaze over Lakehurst in 1937 is seared into the public mind.

Bad Credit Loan People Michael Swain of the University of Miami conceded hydrogen has dangers, but he says when all is said and done, fuel-cell vehicles are still safer than gasoline-powered cars.

Bad Card Credit Credit People The Union of Concerned Scientists urged tougher fuel economy requirements. "With oil use increasing at alarming rates rates, President Bush should aggressively push conventional technologies that can deliver cost-effective savings today--as opposed to waiting two decades," its Jason Mark said.

Bad Credit Guaranteed Loan "An Apollo project is needed to hasten the arrival of fuel-cell vehicles, but the administration's proposed budget isn't enough to get to the launching pad," Mark said.

Bad Credit Refinancing Bush actually is calling for $720 million of new funds, on top of about $1 billion already proposed for fuel cell research in cars.

Bad Credit Equity Home Loan His new "Freedom Fuel" initiative and last year's "FreedomCAR" proposal could reduce America's greenhouse gas emissions by 500 million metric tons by 2040 and trim demand for foreign oil by 11 million barrels per day, according to the Department of Energy. That happens to be the same amount that America now imports daily.

Bad Credit Loan Payday The California Fuel Cell Partnership is testing 16 fuel-cell powered cars from seven automakers, logging about 90,000 miles over the last year, said spokesman Joseph Irvin.

Bad Credit Repair A special station pumps hydrogen, trucked in from chemical companies. Another station uses electricity to split hydrogen from water, a process called electrolysis.

Bad Credit Home Loan Uk Later this year, another experimental station will derive hydrogen from natural gas.

2nd Bad Credit Mortgage While the cars are peppy, quiet and exceed 200 miles per fill-up, Irvin said surveys show just one in three Californians has heard of fuel cells.

Bad Credit Loan Unsecured Another problem is squeezing enough hydrogen -- sometimes stored as a super-cooled liquid -- into cars for extended ranges. Ford and General Motors have explored high-pressure tanks.

Bad Consolidation Credit Loan Tang's company is working with DaimlerChrysler to chemically bind hydrogen in a saltwater solution. This nonflammable solution has roughly the same volume and weight as gasoline, yields equivalent power, and could be trucked to filling stations with the same ease, he said.

Bad Credit Home Loan New A system in the car extracts hydrogen from the solution; the exhaust is water vapor and borax that gets recycled.

Bad Business Credit Loan Test vehicles have achieved ranges of 300 miles, Tang said, noting Millennium Cell is striving for ways to make this salty brew using renewable energy sources.

Bad Credit Lender Mortgage "It's probably five to 10 years away from large-scale implementation," Tang said.

Bad Credit Home Loan Mobile By Kevin Coughlin
Star-Ledger - 1/30/2003

Topic: Transportation

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