I just had a thought (shocking, I know)...
What if research scientists, engineers, R&D folks, from all over the globe, pool their respective governments grants into a big pile in order create a multi-national R&D effort?
I mean, just say that the US gives $25Billion to hydrogen-powered vehicle research, the UK does the same thing for IT'S R&D people, Australia does the same, Germany does the same, Japan does the same.
Instead of working separately, in their respective countries and NOT sharing information, they could put all their money together and have $125Billion, not to mention the expertise of MULTIPLE countries all working towards the same ultimate goal.
Peak oil hasn't been reached YET, but it's approaching quickly (relatively speaking), so the sooner we all put our heads together to solve the problem, the sooner we can free ourselves from the shackles of Big-Oil, Big-Plastics, Big-Chemical companies.
Make sense?
I agree El, if we put our efforts towards this goal, it'd already be here and we'd be oil free.
As with any other burgeoning technology, unless there's a group out there willing to spend BILLIONS to develop it, it'll sit in the wings until a gov't decides to fund the research.
Solar power, hydrogen power, nuclear power, etc, are all extremely viable for the auto, home, energy-in-general industry, but it's just too expensive at present to make it an option that anyone but the 1% can afford.
Let NASA go on the project, and see how fast it gets developed and into the marketplace.
It converts water to hydrogen to power the car, which is still very expensive techonology, which placed in cars would put them out of the price range for everyone but the rich.
Break throughs are happening daily, but it needs to be affordable. Why don't people have solar panels on there house every where you look? Because so a small 1 story ranch like my house it would be over $50,000 to convert. Not something that anyone can just do.
Make things affordable then you will see the shift.
I dont expect them to come out with anything that replaces gasoline any time soon. They make waaay too much money off it. They invented a car years ago that would run on water. It got NO traction and was stunted. They have the technology already. Anyone think they dont? Smoke and mirrors.
Solar is still not a cost effective option, or even reliable.
A neighbor of mine runs her electric car on solar power.
There are many ways to make electricity without oil or nuclear power.
Does this fuel efficiency requirement have to be met by ALL classes of vehicle?
I mean, my SUV (dog hauler) is an Infiniti QX56, and I'm lucky if I get 18mpg on the hwy.
Maybe SUV's are excluded?
Volt producation has been haulted for the time being.
Electric vehicles suck. So we will not be using gas but using electricity. Where are we going to get all this electricity from? Obama will not let any more nuclear plants to be built.
And people will revolt against having to buy an electric car if they don't want to.
Lets focus on drilling to exploit our own resources and then worry about higher fuel standards.