Bush Seeks Hydrogen Car Funding Increase

FY 2005 budget seeks additional $69 million in hydrogen vehicle funds

Published: 03-Feb-2004

INGTON (Reuters) - The Bush administration wants a 43 percent increase in federal funds to develop cars that run on hydrogen fuel and the service stations to support them.

The additional $69 million would bring the program's total funding to $228 million for the 2005 spending year, which begins Oct. 1, under the White House's proposed government budget released on Monday.

The money is part of President Bush's long-term initiative begun last year to reduce U.S. dependence on foreign oil by developing hydrogen-powered fuel cells to run cars, trucks, homes and businesses.

The emissions-free vehicles would also cut pollution as their only by-product would be water.

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