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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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” The MIT report said that natural gas should be seen as a “ bridge ” to a low-carbon regime, rather than as the ultimate long-term solution itself. MIT: The Future of Natural Gas. An interim report with some of this study’s major findings and recommendations was released in June 2010. Source: IEA.

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California Air Resources Board Pushes for Restoration of DOE Funding for Hydrogen Fuel Cell Vehicles; Tackles the Four Miracles

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DOE’s targets are $45/kW by 2010 and $30/kW by 2015. When produced and distributed in high volume, hydrogen can be made efficiently from a variety of feedstocks including natural gas, biomass, and coal with sequestration at levelized costs of $3-6/kg, which, when adjusted for the efficiency of the FCV, is comparable to $1.50-%3.00/gallon

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