On 02/04/2011 11:31 AM, Harryk wrote:
Wayne B wrote:
http://www.suncatalytix.com/about.html

They have developed a catalyst which will allow water to be broken
apart into hydrogen and oxygen using solar energy. The hydrogen and
oxygen can be recombined in a fuel cell to produce electricity (proven
technology), stored for later consumption (potentially solving the
night time and cloudy day problem), or the hydrogen can be burned
immediately as fuel for a combustion engine.

They have an all star technology team and significant venture capital
funding. Let's hope they can get it to market in a reasonable time
and price.


I hope you and they are right. But of course, you know what will happen.
The Republican governors will sell the water rights in their states to
big corporations. :)

Do I hear $2 litre for water? As a fuel, and for bankrupt states like
California and Illinois, they would welcome taxing it.

The biggest impediment to technological change is government. Imagine
if we in fact became super efficient at gasoline use, cut use by 90%.
Without all those taxes 2/3rd of the states would be instantly bankrupt.

Just finished reading on a new push to allow US states to declare
bankruptcy. California and Illinois being two states that are
considering it. Bailout the bankrupt cities then go bankrupt is the
deal. Certainly not the time to be buying municipal and state debt.

I am not sure there is a US or Canadian government bond I would rate
above junk status. Just buying gold or oil has a much better return
without the risk.