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This is a question I have been wondering about for awhile.
Why would fuel cells ever get so popular? If the energy is still coming
from a coal or nuclear plant there is still all of those nasty by products
but the consumer does not see them.
Maybe that is the point. If the consumer does not see it they think they
are doing good.
Jim Lovejoy
fastgroup@xxxxxxxxxx
Manana is often the busiest day of the week.
-Spanish Proverb
-----Original Message-----
From: Stuart Hazlewood <shazlewood@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Friday, June 19, 1998 6:49 AM
Subject: Re: Gen:Fuel Cells
>Interesting point about fuel cells. However I need to point out that from
an automotive perpective it would certainly be a long term proposition.
>
>For those not familiar with the technology, fuel cells generate power by
recombining oxygen and hydrogen. The only by-product is pure H2O. Make no
bones about it, they will become standard equipment on every new automobile
probably within the next 10 - 15 years. Just so you know, my real job is a
strategic planner at General Motors' advertising agency, and I have just
completeted a project on GM's environmentalism.
>
>The problem with all of these technologies is bringing them into a
reasonable price range. The startup costs are truly astronomical. To date,
one fuel cell powered car has been produced by the University of (?). And
the New York Times reported earlier this week that an experimental house
was being run by a fuel cell in Latham NY.
>
>Commercially viable products, however, are a ways off. GM has stated
publicly (I'm not revealing any secrets) that it will have a working
prototype by 2004. The only other real contender at the moment in this race
is Toyota. And even then, were talking about a product that if you wanted
to buy it as a consumer would probably cost an arm and a leg. To get the
technology to a point where the average guy will be able to buy a fuel cell
vehicle for $20,000 at the local Chevy dealership is years away.
>
>But then again, Buffet was always in it for the long haul.
>
>>>> "maposnak" <maposnak@xxxxxxxxxxxxxxx> 06/18 2:49 PM >>>
>Below is a quote from a trade journal. I wonder if it relates to Warren
Buffet's alleged position in Silver?
>Anyone up on info regarding use of Silver in fuel cells or other
technologies?
>Silver is the best conductor. It even has a lower resistence than gold.
Gold doesn't tarnish so is used for plating electrical terminations.
>When I see big men (Saros and Buffet) move into Silver and the Gov't tells
me that inflation is dead forever and the Money supply grows by 9% well ...
>G
>
>"A fuel cell, which acts like a battery is made of two electrodes and an
electrolyte and produces electrical energy through electrochemical process
instead of internal combustion... The electrolyte can be either a liquid
solution or a solid that conducts electricity."
>
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