Thursday, April 26, 2007

Progress Report

The WSJ has a good summary or progress report on the leading alternative energy sources. The good news is that progress is being made and only looks to accelerate as the cost of these energy sources drop. All of the energy sources looked at have too many disadvantages to be our sole method of energy production, collectively energy dependence will someday be a reality. What this means for the automotive industry is that most likely electricity will power our vehicles in the future. This electricity may be stored in the form of batteries powering an electric motor or hydrogen powering a fuel cell or a modified internal combustion engine.

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