LAST UPDATE: 05/26/09 - DATE VIEWED:
09/07/2010
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A planned US$1.2 billion development fund for hydrogen fuel cell-powered cars set up by the former Bush administration has been dumped by US President Barack Obama.
The issue of fuel cells has been a contentious one, with many believing the technology is of dubious benefit when battery-electric cars offer a far simpler solution. The USAs newly-minted President agrees, and last Thursday scrapped the fuel cell funding plan set up by former President George W. Bush in 2003.
Instead, President Obama plans to spend just US$68.2 million on fuel cell research - less than half the amount spent last year. With Bushs US$1.2 billion plan in the bin, a further US$100 million will be saved each year.
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