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Old 02-01-11, 01:07 PM   #1
ETR3(SS)
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$20 says the oil companies are trying to buy the rights to this and then will lock the formula in some deep dark cellar so they can continue to make billions off of oil.
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Old 02-01-11, 01:15 PM   #2
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Originally Posted by ETR3(SS) View Post
$20 says the oil companies are trying to buy the rights to this and then will lock the formula in some deep dark cellar so they can continue to make billions off of oil.
Nonsense, mate. They'll use it and charge a jizzload of cash for it. They know how to make money.
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Old 02-01-11, 05:08 PM   #3
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$20 says the oil companies are trying to buy the rights to this and then will lock the formula in some deep dark cellar so they can continue to make billions off of oil.
20$ ????

I'll bet my three girlfriends that this will happen
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Old 02-01-11, 05:40 PM   #4
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Ah, this would be a wonderful dream, were it not for two major problems. The first one is linked to the substitute fuel. Hydrogen based you say? Now, let us see how much energy is spent separating hydrogen from water and how much do we gain by burning it. Even in the even of using massive solar energy in the desert for example (DESERTEC for fuel production), it would still be a question of secured supply to other parts of the world. We already have hydrogen cars, it's hydrogen production which is problematic.

Secondly, linked to the question of oil, it is used practically in every single item that we use every single day. From ensuring that our food grows rich and abundant, to the tyres we use to drive to work. While ensuring that the limited oil supply could last longer by giving us an alternative to fuel use, we would still need to find alternatives to existing oil-based products. Now considering the law of accelerating returns, this is increasingly possible even in our lifetimes, but still doesn't solve the question of pollution or CO2 emissions. Transport is an important part, but can you use this new fuel to power our homes and industry? Again, I return to the question of returned energy value.
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Old 02-01-11, 05:53 PM   #5
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Big oil would never let it happen if true.
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Old 02-01-11, 05:57 PM   #6
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I'll believe it when I see it at the pump.
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Old 02-01-11, 07:30 PM   #7
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If true mankind brain has finally thought of something useful for its race instead his pocket. Worthy of a mark on that calendar. We are smarter than I thought we were
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Old 02-02-11, 04:29 AM   #8
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If true mankind brain has finally thought of something useful for its race instead his pocket. Worthy of a mark on that calendar. We are smarter than I thought we were
Mankinds brain is capable of such achievements, but the smarter the person the less (s)he is gong to dabble in big business and politics and leave those places open to the idiots.

Discovering something beneficial to the civilization is the easy part, conquering the hordes of idiots that see it as a threat to their impotent powers is the hard part
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Old 02-02-11, 04:42 AM   #9
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Big oil would never let it happen if true.
That's what it all boils down to.

The rich want to keep getting richer, and they have to means to prevent competition. The Oil industry would have to stop production, or worse yet, change their ways. The Auto industry would have to retool. Not to mention the total lack of infrastructure.

But then that comes down to a catch 22. H2 cars are easy to make, and fairly cheap (in comparison to a internal combustion engine). There just aren't enough being built to make the production costs low enough.

But why aren't there enough being built?

Because there aren't enough buyers. Why not?

There is no infrastructure in their local area to support a H2 car. Why not?

because there aren't enough H2 cars in an area to make it economic to retool the gas stations. Why not?

Etc, Etc.

No company would take the risk of the outlay of a major rollout like this. To make the cars cheap enough, the fuel available enough, etc to make the average person want to buy one... No company is goign to take the risk.
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Old 02-02-11, 05:05 AM   #10
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I just googled it a bit and noticed it was only mentioned on blogs and discovery news. Not any significant news paper /agent wrote a word about it. Strange in the first place is it not?
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Old 02-03-11, 02:24 AM   #11
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I can't believe all of you are taking this seriously. This is a SCAM!

Remember the "cold fusion" thing? It was going to provide cheep, clean, limitless energy. What a joke. People with more money than brains will invest in this nonsense and loose it as a result.

Oil companies buying this to hide it? If they do they will be throwing their money away. This belongs in the same catagory as prepetual motion machines, magnets that cure cancer, vitamins that make you eternally young, etc. Wake up, forget about the conspiracy crap, this is just the latest version of snake oil.
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Old 02-02-11, 12:17 AM   #12
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20$ ????

I'll bet my three girlfriends that this will happen
Three girlfriends?! I would be impressed by your prowess, but I must call into question the quality of these three if you are willing to gamble them away so easily.
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Old 02-02-11, 04:25 AM   #13
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Three girlfriends?! I would be impressed by your prowess, but I must call into question the quality of these three if you are willing to gamble them away so easily.
two are inflatable and one is in a certain street in Amsterdam

and the bet is in soooo much in my favor, that I'd be ready to bet my mother
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