Hydrogen Cars, and their Impact

Pittsburgh paper via RCP.

Great article on the progress being made on hydrogen vehicles. BMW, GM, and Ford all either have vehicles coming to market or will in the next few years. With no emissions and no oil being consumed, the impacts on the Middle East could be immense.

"Given the competitive drive within capitalism to be first with the best, it's a safe bet that the pace of development of the aforementioned technologies will become only more rapid. Equally predictable is the negative impact on the economies of the Islamic Middle East......One might say we've ended up with two worlds. On the one side, BMW engineers. On the other, suicide bombers. On the one side, scientific advances, reason and individual liberty. On the other, never-ending grievances and boundless victimhood, a downward spiral of rage, self-righteousness, envy and self-pity."

Outstanding point, and one in which many would be wise to take heed.

The article also goes on to quotes Dr. Lewis referring to a World Bank study indicating that the entire Arab world's total exports of non-oil products is less than Finland, a nation of only 5 million citizens. And if we don't need their oil, there really isn't much reason to have anything to do with them, is there?