Even years after graduation, many American college graduates are left with heavy financial burden from cumulative student loans. A new report by the New York Federal Reserve underscores how college debt has taken an economic toll, causing young student loan borrowers refrain from auto and home purchases. Read more
Last week, we talked about ultra-capacitors, and their potential for handling high power demands in electric vehicles, allowing battery chemistry to move towards higher energy formulations that could ultimately extend cruising range. But even with this enhancement, battery-powered EVs will have competition. Vying for the lead role in a carbon-free travel future are hydrogen fuel cell electric vehicles that offer the advantage of a quick fill-up/recharge that plug-in electric vehicles will likely never have.
Likewise, in the utility sector, with wind and solar playing increasingly significant roles, there will be an ever-growing need for storage on a large scale. If a clean, cost-effective means of producing hydrogen in large quantities can be developed, it could potentially form a bridge between renewable electricity and transportation that could complete the picture of a no-compromise clean energy future. Read more