Monday, July 16, 2012

EDITORIAL: Gov. Moonbeam’s ‘Hydrogen Highway’

Now Democratic Gov. Jerry Brown wants to ensure even more cash is flushed down another pie-in-the-sky transportation project known as the Hydrogen Highway. Such pricey ventures are why the once Golden State has lost its luster. To pander to self-styled environmentalists, Republican Gov. Arnold Schwarzenegger in 2004 endorsed the idea of creating a network of hydrogen fuel stations that would run along the length of the state. Once these stations were operational, consumers were supposed to flock to the showrooms to buy brand new, zero-emissions hydrogen vehicles. A grant program was established in 2007 to bankroll the expensive infrastructure investment. Not surprisingly, the plan has so far been a total flop — except for the handful who have profited from it. More than $37.7 million in taxpayer funds have flowed into the scheme, resulting in the construction of just 10 hydrogen stations. As of 2011, the California Energy Commission counted just 250 hydrogen fuel cell vehicles (FCV) on the road, meaning the infrastructure subsidy has thus far amounted to $148,000 per owner. It’s not clear how many more members of the public are going to be willing to fork over the $100,000 sticker price currently adorning the utilitarian transportation modules powered by this fashionable fuel. In May, the Energy Commission canceled $27 million worth of Hydrogen Highway grants after a columnist for the Santa Monica Mirror pointed out the process of approving them appeared rigged, with just two companies landing the majority of the sweetheart deals...more

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