NY drivers testing GM hydrogen fuel-cell cars -

Ed Burke wrote:

Let me get this straight ....
GM takes massive amounts of electricity from Power Companies like LIPA, at 17 cents a kilowatt hour and uses it to convert water into its components, Hydrogen and Oxygen. They then use this as fuel to power the car making the whole exercise one so expensive that the fuel costs double what the gasoline would have been and the fossil fuels are still used to power the car only LIPA gets to burn them , and pollute the air with them, instead of the car. So the car is clean because we let LIPA do all its polluting instead ?
And any of this makes any sense because ..?????
Are Americans really this stupid n gullible ?
Of course they are they elected George W. Bush !

I hear Richie Kessel is driving one...

The Best Energy Bill Corporations Could Buy: Summary of Industry Giveaways in the 2005 Energy Bill
http://tinyurl.com/n7ofd
On August 8, 2005, President Bush signed into the law the energy bill; on July 28,the U.S. House of Representatives voted 275 to 156 to approve the energy bill; and on July 29, the U.S. Senate voted 74 to 26 to approve the energy bill.
Since 2001, energy corporations have showered federal politicians with $115 million in campaign contributions—with three-quarters of that amount going to Republicans. This cash helped secure energy companies and their lobbyists exclusive, private access to lawmakers, starting with Vice-President Dick Cheney’s Energy Task Force, whose report provided the foundation of the energy bill passed by Congress and signed by President Bush on August 8.
http://www.citizen.org/cmep/energy_enviro_nuc...

Many of us need to get our heads out of the sand and understand hydrogen fuelcell (H2FC) cars are in our future. All new technology is expensive but the expense is necessary if we expect to progress with a clean healthy planet. Fossil fuels are on their way out and the sooner the better in my opinion. The use of H2FC's will be cheaper, safer, and cleaner once they are mainstream....and that will happen sooner than many people think.

H2FC wrote:

Many of us need to get our heads out of the sand and understand hydrogen fuelcell (H2FC) cars are in our future. All new technology is expensive but the expense is necessary if we expect to progress with a clean healthy planet. Fossil fuels are on their way out and the sooner the better in my opinion. The use of H2FC's will be cheaper, safer, and cleaner once they are mainstream....and that will happen sooner than many people think.

After you, sir.

Mind emptying your wallet?

See how Detroit actually feels
Read the Detroit News not GM PR

http://info.detnews.com/redesign/forums/autos...

eg: Wed. 10/31/07 07:46 AM

Re: Madmark

The point it, I would much rather buy a full size vehicle that is capable of filling my needs and provides me with superior safety features over a tin can import that supports the economy of another country and suffers from oil sludge problems. Considering the full sized pickup truck is still the best selling vehicle in America (about 10 years running) I'd have to say the majority of Americans would tend to agree with me. How about a toast to all the pickup buying people in America who continue to exercise their ever dwindling freedom of choice and snub their nose at the oil man in the white house and his flawed foreign policy that benefits only the big man's family and friends?

Joseph Mama, Detroit, MI

Turkmenistan Pipeline Plugs U.S. Bid To Isolate Iran
30 December 1997
http://tinyurl.com/2h69gz
http://www.hartford-hwp.com/archives/53/052.h...

Is Hydrogen the Answer to Our Future Transport Needs?

Many auto companies are investing heavily in hydrogen fuel cells but battery-electric vehicles are just as compelling

Read Business Week Review of this Issue.

http://www.businessweek.com/autos/content/oct...

GMAC loses $1.6 Billion in 3Q

November 01, 2007

NEW YORK (AP)- GMAC (NYSE:GM) Financial Services lost $1.6 billion in the third quarter.

The former financing arm of General Motors Corp. said its mortgage business, ResCap, lost $2.3 billion during the third quarter, offsetting profits elsewhere in the business.

Moody's Investors Service slashed GMAC's credit rating and said there could be more downgrades. Moody's said the downgrade 'reflects heightened and continuing risks at ResCap' that threaten GMAC's ability to repay debt.

GMAC's credit was already 'junk' status.

In light of the $1 billion capital infusion, Moody's said it is concerned GMAC may have to help ResCap raise cash without help from its owners -- something it does not have enough money to do without running into trouble.

The losses in ResCap more than offset profits in the company's other businesses. GMAC reported a $665 million profit in the car lending and insurance businesses, a 51 percent jump from the third quarter of 2006.

Last month, GMAC unveiled a roughly $100 million plan to overhaul the ResCap business, laying off a quarter of the unit's workers. The business this year has cut 5,000 jobs.

Hpw can one be apart of the testing of these cars

What the heck ever happened to the car that ran off of water?

November 6, 2007

The widespread use of hydrogen fuel cell technology in light vehicles is so far away and so costly that Ballard Power Systems, one of the few leaders in the area, is in talks to sell its automotive business.

Ballard Power Systems has confirmed that it is in discussions with Daimler AG and Ford Motor Co. about the possible sale of its automotive fuel cell assets due "to the lengthy projected timeline to commercialization and high cost of development," the company said in a statement. Both automakers have a stake in the Vancouver, B.C.-based advanced battery technology company.

Shares of Ballard soared on the news, jumping 11.5%, or 58 cents, to close at $5.60 per share Monday.

The announcement comes as automakers, including Ford and General Motors Corp., put hydrogen fuel cell vehicles into a consumer-testing phase.

The company confirmed on Sunday a Reuters news service report that Ballard officials were "reviewing strategic alternatives with regard to its automotive fuel cell assets," but said no deal had been reached.

The news appears to be a change in strategy for Ballard. Two years ago, then-CEO Dennis Campbell was in Detroit touting the fact that a hydrogen economy was on the horizon and that fuel cells would likely replace the internal combustion engine.

In recent disclosures to investors, the company said automotive technology was part of a long-term strategy, and its short-term prospects included using hydrogen to power homes, as a backup power source and for industrial vehicles such as forklifts.

"The challenge for businesses trying to make money in the hydrogen industry is to focus on the near-term markets," said Patrick Serfass, director of program and technology development at the Washington, D.C.-based National Hydrogen Association.

Those also included powering cell phone towers and call centers.

As the use of hydrogen fuel cells continues to grow in other industries, the association expects autos to follow. The group expects automakers to decide in 2015 whether to mass market the technology.