Hydrogen Bomb?

Financial Post columnist Terence Corcoran takes a skeptical view of the promise of a hydrogen future, citing its impracticality from an energy efficiency perspective.

Published: 31-Mar-2005

It's here! The energy miracle of the millennium, an amazing technological advance that will transform the way we live and the way the world works. When there is no more oil and all the gas is gone, we will get our power from press releases issued by government, oil companies and carmakers -- the Press Release Economy. Entire nations will be able to generate all the energy they need to keep their economies buzzing along in the fast lane by filling up on media announcements and marketing campaigns.

This is no pie-in-the-sky scheme based on pipe dreams. It's here today in the energizing flood of reports on hydrogen fuel for cars. There is no functioning hydrogen-vehicle industry, and due to unfortunate laws of thermodynamics, no known way to make it work on a large scale. But who needs the reality when we have a press release industry that creates the industry without there actually being one.

Just yesterday I pulled into the Press Release Economy station right at my desk and filled up on the following:

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