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Making money with the water powered cars

10.09.2008 · Posted in Business News Article

The rapid globalization and rapid rate of development has led to higher quality of living and this led to a massive spurt in energy requirements and oil, often dubbed as ‘liquid gold’ has been the most important source for meeting the growing energy requirements the world over but has also been the bone of contention for several human conflicts that have only produced more strife-torn nations and brought unimaginable amount of suffering. rnrnAll of us would like to believe that the phenomenon of globalization has helped improve our standard of living but on hindsight it has also brought with it the hunger for energy and oil fits the bill perfectly as the most dominant source of energy on the planet. The reason is that with rapidly improving standards of living, the citizens of the world want access to all the basic amenities in the world for themselves and their families such as water to drink electricity for lights, good roads for transportation and oil is definitly no exception. But the thing that always escapes our collective memory is the fact that oil resources are non-renewable in nature and hence once they are used up, they cannot be replenished. As our energy requirements keep on increasing day-by-day the oil resources are also depleting day-by-day. So our main concern should be on developing the alternative sources of energy that are not only clean and renewable but are also environment-friendly. rnrnDue to the rapid increase in global warming, it has become of utmost necessity to develop and encourage the renewable and environment-friendly technologies and to this effect we have heard about harnessing the tidal energy, the solar energy and not to forget, the abundant wind energy. In that context, there has been a latest breakthrough in the development of clean energy and the subject of concern is the usage of water for developing hydrogen-powered technologies for the automobiles. Now one might wonder as to how water powered cars would run. For the facts, 75% of the earth

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