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...$1 billion per year. Within the next two years, the first fuel-cell cars will be on the road, fuel-cell power plants large and small will become commonplace, tiny cells will begin to replace batteries in many household uses, and start will have been made on creating a global hydrogen-fueling infrastructure, J.P. Morgan Securities estimates that the consumer market for fuel cells could reach $100 billion by 2020.
All that progress can present a misleading picture, because most experts agree that it will take until at least 2010 or 2015 before the much-touted "hydrogen energy economy" can be even partially realized. What takes time is not so much the fuel cell itself, but the consumer acceptance and support structure to make hydrogen as familiar a commodity as gasoline is today. Among other things, we need to agree on standards for the production of environmentally friendly, low cost and easily deliverable hydrogen; gas stations have to be turned incrementally into hydrogen stations;...
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