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8 Actions to Promote Hydrogen Vehicles
Pages 103-107

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From page 103...
... The committee believes, however, that the current options are usually the best approach, this will not be ade- barriers to deploying large numbers of fuel cell vehicles are quate to implement HFCVs. General measures to reduce oil too great for existing policies to produce rapid growth in use and greenhouse gases, such as energy taxes, CO2 taxes, HFCV deployment.
From page 104...
... On the one hand, the sooner a hydrogen pro- fixed, declining schedule for hydrogen vehicle subsidies are gram is initiated, the greater is the likelihood of achieving very uncertain, because they will vary with future market large reductions in gasoline consumption and the greater developments. For example, vehicle penetration might be the likelihood that rapidly industrializing countries might rapid and substantial if hydrogen vehicle technology evolves transition to hydrogen vehicles before getting locked into quickly, but if not, and/or if consumers and firms are especonventional gasoline. On the other hand, there is the cially reluctant to embrace hydrogen vehicles, penetration rates might be minimal.
From page 105...
... subsidy 20 under the price-based approach is more flexible because it 0 provides a natural mechanism for capping program costs, 2010 2015 2020 2025 as manufacturers are free to scale back any plans for new vehicle production if future market conditions do not favor Year hydrogen vehicles. Imposing a uniform, minimum sales Figure8-1.eps FIGURE 8.1  Illustrative example of a price-based policy approach, share quota across different manufacturers can also be indicating the per-vehicle subsidy from government for each fuel problematic if it is relatively easy for some firms to meet the cell vehicle sold in a particular year for the Hydrogen Success quota (for example, firms that are further ahead on the learn (Case 1)
From page 106...
... Increasers will take advantage of if future market developments ing per-mile costs of driving would discourage unnecessary favor hydrogen vehicles. Alternatively, a fairly stringent trips and promote fuel economy and alternative fuel vehicles, sales share quota could be mandated, but combined with a including hydrogen.
From page 107...
... A mix of the two approaches, however, might afford the most effective policy to achieve the maximum practicable If policy makers decide to push the market penetration of deployment of fuel cell vehicles in the time frame examined HFCVs, these policies should be seen as a complement to in this study.


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