A Hydrogen-Powered Boondoggle
by Jude
Wanniski
by Jude Wanniski
Memo To: Website
Fans, Browsers, Motorists
From: Jude Wanniski
Re: Detroit and Those Darned Arabs
One of the easiest ways to get some money out of Uncle Sam is
to cook up another idea on how to reduce “dependence on Arab oil.”
The environmentalists have used this many a time to shake down the
taxpayers. Most of the folks in Washington know Global Warming is
a hoax, but still every year the President asks for and Congress
ponies up megabucks to “study the problem.” This means wooing scientists
and engineers away from their productive work with fancy stipends
to take temperatures and run them through computers, a process that
never ends. When he was running for President last year, Howard
Dean screamed about how we had to ratify the Kyoto Treaty, which
would shut down parts of the economy, because “it will reduce the
dependence on Arab oil.” The NYTimes is forever plugging
away for a $1 per gallon tax on gasoline, to reduce dependence on
Arab oil, and to also stop the earth from warming.
Now we are making great strides along those lines, it seems, because
the Big Guys in Detroit are “on a fast track” to put hydrogen in
our autos, which is what I learned by reading the Washington
Post on Sunday. Greg Schneider reported that General Motors
over the weekend unveiled the “Sequel,” an experimental hydrogen-powered
auto at the North American International Auto Show in Detroit. The
car that not only reduces dependence on those dratted fossil fuels,
but also only emits water vapor. Holy smokes! I should say, “Holy
Water!”
There are still a few wrinkles to be worked out, says Schneider:
“Hydrogen is still years away from reducing the nation's dependence
on foreign oil. No one has yet figured out how to generate large
amounts of hydrogen without causing as much pollution as internal-combustion
engines now create, or how to pay for a nationwide distribution
network. And the vehicles are prohibitively expensive; if GM's Sequel
were for sale, it would cost as much as a warehouse full of Corvettes.”
You can read the whole story at Boondoggle.
You will also learn where the moolah is coming from: “The Bush administration
has pledged $1.2 billion over five years to sustain a government-industry
research partnership on hydrogen power, with many auto and energy
companies cooperating to develop the technology.”
But before you do that, our old friend Gordon Prather was on to
this boondoggle two years ago, when he wrote it up in his weekend
column at worldnetdaily, March 22, 2003:
Last year,
to placate the eco-wackos, President Bush launched FreedomCAR,
a $1.2 billion partnership to produce practical, affordable
hydrogen fuel-cell vehicles as soon as possible. Now he has
launched a companion $720 million Hydrogen Fuel Initiative to
develop, over the next five years, the technologies and infrastructure
needed to produce, store and distribute hydrogen for use in
those fuel-cell vehicles.
Why hydrogen? Well, according to the eco-wackos, hydrogen is
the "ultimate fuel." When you "burn" it, you get water vapor,
but no carbon-dioxide.
But hydrogen
is not really a fuel at all. There aren't any underground reservoirs
of hydrogen you can tap into. You have to produce it, spending
more energy producing it than you get back when you burn it.
Worse, the cheapest way to produce hydrogen is to steam-reform
methane, and that produces lots of carbon-dioxide.
The high cost of producing hydrogen is just the beginning of
your problems. How are you going to store it on board your vehicle?
As a solid? As a liquid? As a gas? Hydrogen gas is dangerous
stuff. Remember the Hindenburg? Safely storing hydrogen, yet
still having it available on demand, is a big, big problem.
And where
are you going to find a "filling station" when your tank of
hydrogen runs dry? Cape Canaveral?
You can see
Dr. Prather doesn’t think much of the Sequel, but if you read the
rest of his column you will see that he has a simple solution,
which would mean forgetting all about hydrogen power and going to
an inexhaustible source of car power, i.e., methane. Alas, the dirty
little secret is that if the general public knew how it was being
screwed by the corn farmers in those Red States, it would understand
why methane isn’t going anywhere. The farmers have federal subsidies
coming out the gazoo, but they aren’t going to give up on their
ethanol boondoggle, which we all know reduces our dependence on
Arab oil.
January
11, 2005
Jude
Wanniski [send him mail]
runs the financial/political advisory service Wanniski.com.
(If you subscribe,
and check LewRockwell.com in the referring website pull-down,
LRC gets 10%.)
Copyright
© 2005 Jude Wanniski
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