Word: fuel
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Ever since the automakers first asked for a bailout last month, the Bush Administration has been urging that it come out of a $25 billion loan package Congress approved in September that the automakers were supposed to use to retool their assembly lines to build more fuel-efficient vehicles. Democratic Congressional leaders have wanted the cash to come instead from the $700 billion financial rescue pot they gave Treasury Secretary Hank Paulson in October - which is why the auto executives found themselves in the strange position of pleading their case before the House and Senate banking committees...
...Researchers at SEAS are also developing innovative fuel cells, but moving away from traditional fuels like hydrogen and oxygen to hydrocarbons...
...Solid oxide fuel cells, which use hydrocarbon fuels like propane and butane, are costly to manufacture because they must operate at very high temperatures—over 800 degrees Celsius. But Shriram Ramanathan, a professor of materials science at SEAS, has developed cells that can operate at less than 500 degrees...
...Working with Harvard’s Office of Technology Development, Ramanathan created SiEnergy, a spin-off that received $500,000 last year from Allied Minds, a venture capital investment firm that focuses on innovative early-stage technologies, to develop their low-temperature fuel cell technology...
...make viable sustainable devices which work well and are inexpensive to manufacture,” Ramanathan said, “one can make fuel cells practical for transportation applications...