Toyota and other car companies to promote the application of hydrogen fuel
(Reuters) - Five auto makers and world-leading oil companies have agreed on a 17-day meeting in Davos to set up a "Hydrogen Council," hoping to boost investment, To promote hydrogen energy development on a global scale to reduce emissions and curb global warming.
The automakers signed the statement with the president of BMW, Daimler, Honda, Hyundai, Kawasaki and Toyota, the president of the mining company Anglo American and the energy and engineering firm Suez, Delin and President of Air Liquide . Their goal is to accelerate the development and commercialization of the hydrogen industry. The current investment in hydrogen fuel is only 1.4 billion euros a year, while the oil industry's annual investment of up to hundreds of billions of dollars.
Oil companies and automakers executives say the consensus will contribute to the completion of plans to control global warming below two degrees Celsius in 195 in Paris in 2015, as part of a global effort.
"We believe that the special contribution to the use of hydrogen fuels needs to be reaffirmed," said Patrick Pouyanne, president of Total Oil, and Ben van Beurden, president of Royal Dutch Shell, the Dutch oil company. "The technology and its products have made great strides," said Benoit Potier, president of Air Liquide, a French liquefied air group. "We need the government to support hydrogen fuel through action Hydrogen is the most abundant element in the universe, and we are trying to take a systematic approach to using it. "Royal Dutch Shell (NYSE: RHK) is the world's largest supplier of hydrogen to the world's largest oil and gas industry. Oil companies President Van Boden said that although they started the hydrogen energy business 20 years ago, but their company is currently only five hydrogen refueling stations in Germany, California, only three in the United States. He hopes to expand to hundreds in the future.
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