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USFCC Asks For Fuel Cell Stimulus Package (posted 1/1/09)

December 27, 2008
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The fuel cell industry recently asked Congress and the incoming Obama Administration to set aside $1.2 billion for fuel cells and their fuels.

The fuel cell industry recently asked Congress and the incoming Obama Administration to set aside $1.2 billion in the planned stimulus package for fuel cells and their fuels. “Accelerating investment into fuel cells now will foster green power, advance a critical climate-enhancing technology, accelerate job creation and keep innovation, industrial capacity and jobs at home,” said Robert Rose, Executive Director of the U.S. Fuel Cell Council. The investment would reportedly produce an estimated 24,000 jobs.

“Fully funding fuel cell programs at levels authorized by Congress and utilizing other laws already on the books will put hundreds of fuel cell vehicles and up to 100 MW of fuel cell power into customers’ hands; reap efficiency, environmental and security benefits; and create green jobs and high-tech manufacturing capacity for the American economy,” said Rose.

The industry program calls for lease and purchases of fuel cells by federal civilian and military agencies for power generation and as battery alternatives, investment in supporting fueling infrastructure, improving federal investment tax credits for fuel cells, and extending a credit to fuels. It also includes expanding learning demonstrations, accelerating research, and supporting an expansion of manufacturing capability at fuel cell companies and key suppliers, to foster a supply base and develop domestic momentum for jobs and expansion.

For a copy of the plan, e-mail fuelcellplan@gmail.com or visit www.usfcc.com.

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