Policy Documents

The Hydrogen Economy: Laying Out the Groundwork

Richard G. Newell –
January 1, 2005
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In the 1970s, several studies predicted a hydrogen fuel economy might emerge as early as the year 2000.  Flash to the present - where, in his 2003 State of the Union address, President Bush put forward the Hydrogen Initiative, which would involve spending $1.2 billion over five years to develop hyrogen, fuel cell, and infrastructure technologies to reduce our dependence on foreign oil.