BOYS FROM THE BLACK STUFF THROW MORE FUD AT HYDROGEN
A report that originated in the South African Business Times and has been copied in various other places quoted Jeremy Benthan, the Chief Executive of Shell Hydrogen, a division of one of the Big Black Stuff multinationals, as saying that 'Vehicles powered by hydrogen fuel cells would become affordable and widely produced between 2015 and 2025. But he also cautioned that a decade ago respected commentators predicted there would be mass availability of fuel cell vehicles by 2005. He told the 18th World Petroleum Congress that that had not yet materialised, although hundreds of prototype vehicles had been developed.
The newspaper added that the emergence of hydrogen as an 'energy carrier' had particular relevance to South Africa, which has about three-quarters of the world's known global platinum reserves (the most efficient catalyst in converting hydrogen to electricity).
[FUD stands for Fear, Uncertainty and Doubt. Throwing it at any threat to your corporate wallet is an old defensive trick. An infamous example in the bad old days of IBM, years ago, was for its salesmen to say 'Nobody every got fired for buying IBM', a line that frightened decision-makers enough to turn away from the superior products offered by other companies and cling to 'safe' IBM.]