Friday, 30 December 2016

South Africa - Fuel cells: We don’t have liftoff

Source: financialmail, 30th December 2016, by Charlotte Mathews

Charlotte Mathews reported, "Development of a local fuel-cell industry requires more funding, government support and lifting of regulatory barriers if it is ever going to grow enough to make a difference to platinum demand. (...) He said fuel cells might be more viable if government stopped subsidising the fossil-fuel industry. Speakers insisted fuel cells can make money without subsidies but they need the same kind of initial government backing that was given to solar-power providers 10 years ago. (...)"

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