Capital investment in H2 technology has gone through the roof. By any barometer, this would indicate a measure of its potential. As you will see from the following links, it’s not only politically correct, it’s profitable.

$1.2 billion hydrogen fuel initiative

In his January 2003 State of the Union address, President George W. Bush announced a $1.2 billion dollar plan to fund research and development into Hydrogen technology. Its objective is to reduce the Unite States’ dependence on foreign oil, address issues such as how to make the production, transportation and storage of H2 cost effective and build new infrastructure to support the technology. Click here for details


FreedomCAR (Cooperative Automotive Research) initiative

The FreedomCAR and Vehicle Technologies (FCVT) Program is developing more energy efficient and environmentally friendly highway transportation technologies that will enable America to use less petroleum. The long-term aim is to develop "leap frog" technologies that will provide Americans with greater freedom of mobility and energy security, while lowering costs and reducing impacts on the environment.

"The FreedomCAR isn't an automobile, it's a new approach to powering the cars of the future... The gas-guzzler will be a thing of the past."
Energy Secretary Spencer Abraham - January 9, 2002 Click here for details


General Motors

One of the largest corporations in the world has invested over 1 billion dollars and has over 600 scientists doing research and development on applications for Hydrogen in the Automotive industry. They have working prototypes of their technologies, however cost is still a major factor in bringing it to market. Click here for details


California Hydrogen Highway Network Initiative

California, considered by many the most progressive state in the nation, has a very ambitious H2 initiative. Governor Schwarzenegger has a goal to establish “One hydrogen fueling station every 20 miles on the states major highways” by 2010.
Click here for details

H-prize


The H-prize is a law enacted by congress to establish a national competition to encourage the development of breakthrough technologies that would enable a hydrogen economy.” Awards total approximately $100 million dollars. Yes, AllH2, Inc. is in line for this.
Click here for details



Wall Street

Based upon the foregoing, one can clearly see that many of our countries leaders as well as many educated and knowledgeable people see a tremendous amount of potential for H2 technology and the Hydrogen Economy. Some say that the next Bill Gates will come from the Energy sector. Two things are for sure – sooner or later we are going to run out of oil and before that we will need a reliable replacement.

AllH2, Inc. has created a patented system that is cost effective for individuals and small, medium and large commercial applications. Beginning today your home or business can operate entirely on H2 or as a back-up source of energy. The cost savings alone – approximately 25% lower energy costs make it attractive. Add the environmental factors such as reducing greenhouse gases and preventing global warming and it’s an easy decision.