Fellow on CSPAN II Book TV saying there isn't going to be a

[HysteryDiagnosis]

hydrogen economy... "forget about it"..... I beg to differ.


http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=MCEL&script=410&layout=-6&item_id=679283
Millennium Cell Inc. (ticker: MCEL, exchange: NASDAQ Stock Exchange (.O)) News Release - 2/28/2005


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Millennium Cell and the Dow Chemical Company Announce Joint Development Program; Collaboration to Accelerate Commercialization of Portable Fuel Cell Systems

EATONTOWN, N.J.--(BUSINESS WIRE)--Feb. 28, 2005--Millennium Cell Inc. (NASDAQ:MCEL) and The Dow Chemical Company (NYSE:DOW) today announced that they have entered into a joint development program to collaborate on the development and commercialization of portable fuel cell systems for use in consumer electronics and military applications. These energy systems will be based upon Millennium Cell's patented Hydrogen on Demand(R) technology in conjunction with Proton Exchange Membrane (PEM) fuel cells.

The demand for light-weight, long-lasting and cost-effective portable energy systems is growing rapidly. Hydrogen-based fuel cells offer the potential for longer runtimes, greater functionality and wireless convenience in consumer electronic applications such as laptop computers and cell phones. For military applications, they provide higher energy densities at dramatically lighter weight.

[Maple]

1. Vested interests

have poo-pooed it from the beginning.

We've had fuel cells available for over a century....and yet, even though people have managed to land on the moon...somehow, they just can't seem to make those dern fuel cells work. Riiiiiight.

[HysteryDiagnosis]

2. Europe jumping in.... Honda has it down.....

http://europa.eu.int/rapid/pressReleasesAction.do?reference=IP/05/869&format=HTML&aged=0&language=EN&guiLanguage=en


European Commission opens state of the art Hydrogen and Fuel Cell Test Facilities
European Commissioner for Science and Research, Janez Potoènik today opens new hydrogen and fuel cell testing facilities at the Commission’s Institute for Energy in Petten, the Netherlands. The new facilities are part of the Commission’s endeavour to provide policy-makers and industry with independent evaluation of the performance of hydrogen and fuel cell technologies in terms of efficiency, safety, environmental impact and reliability, through simulating lifetime operational conditions of fuel cells and hydrogen fuel tanks. Maria van der Hoeven, Dutch Minister for Education, Culture and Science will also attend the opening.

“We are all aware of the need to find clean, safe and affordable sources of energy, as energy demand rises, and Europe becomes ever more dependent on imported energy,” said Commissioner Potoènik. “The potential of hydrogen is very exciting and can provide one element of a future sustainable energy mix. By developing these new facilities, the Commission is showing its clear commitment to exploring this potential.”


http://www.honda.com/index.asp?bhcp=1

[Maple]

3. It's very frustrating

As long as people keep insisting it 'can't be done' it WON'T be done.

And yet of course they said the same thing about radio, and television, and flight, and space.

We'd probably have had the wheel earlier if some cave guy hadn't sat there insisting 'it'll never work'