[BJungNan]

The oil companies will buy up the technology, just like they have many other potentially viable alternatives to what they produce and have invested in.

[Hugin]

The oil companies will buy up the technology, just like they have many other potentially viable alternatives to what they produce and have invested in.

Where do you get that? Give us an example of technology the oil companies have "bought up"?

Those supposed replacements for the internal combustion engine either exist only in minds of econuts, have major practical technological problems, or are economically unviable in comparison to the internal combustion engine. When something is actually practical and economically competetive it will be produced. A good example is hybrid cars.

[John Jamieson]

Why would oil companies buy up something that doubled the requirement for oil? (by throwing half of it away?)

[hinckley buzzard]

All the major oil companies are actively involved in fuel cell R&D. They won't have to "buy up" anything.