21. Can we afford to convert to a hydrogen infrastructure?
Asemblon is working with the Federal and State governments to assist financially and to clear the regulatory hurdles to establishing a hydrogen infrastructure. Since we offer the capability to do this for less than 10% of the anticipated cost, we are getting an audience.
Often the Hydrogen Economy is described as a Chicken and Egg problem. Which came first? How can you have one without the other? If the infrastructure is the chicken, Asemblon is also working hard to create the eggs: the vehicles that will be the consumers of the hydrogen.
With a very modest amount of pump priming by government, the Hydrogen Economy will grow on its own to over 50% of the transportation fueling in the United States by 2050 — funded by the people who buy the vehicles and those who create, transport, and sell the fuel. People are eager for the clean vehicles of tomorrow. Asemblon offers them the opportunity to have those vehicles years sooner than fuel cell cars or plug-in hybrid vehicles and at much lower cost.