T Mac
11-28-2007, 04:58 AM
The promise of fuel cell cars has been a long arduous prospect for investors and for green-tech consumers alike. Last week marked the more official unveiling of Honda Motor's FCX Clarity, the coming fuel cell car that will be released in the U.S. during the summer of 2008. 24/7 Wall St. wanted to review what this will mean for Honda Motor Co. Ltd. (NYSE:HMC) as far as its stock is concerned.
The truth is that will be phenomenal, but it will not be an investable event until 2009 or later. The reason is that this FCX Clarity is only going to be released on a limited basis in California in summer of 2008 (only to customers currently residing in the Torrance, Santa Monica and Irvine areas who meet additional qualification criteria will be eligible to take an FCX Clarity home) because refueling fuel cells can't be done just anywhere. Not yet, anyway. The good news is that these will be leased for 3-years for $600/month. The bad news is that it is going to be years and years before this is readily available countrywide and many metro areas do not even know when alternative energy fuel stations will be proposed.
This is exactly why any politician offering the American public a four year fix to our energy problem is selling rhetoric you shouldn't listen to. It is going to be 2012 to 2016 before the U.S. will see any noticeable difference, and anyone who believes that any full system-wide fix happening before 2020 is probably more optimistic than realistic. You are hearing this from someone who believes that green investing and green businesses are already becoming big business. But there are also financial and logistical realities.
Click here (http://www.247wallst.com/2007/11/how-investors-s.html) to read the entire column from 24/7 Wall St.
The truth is that will be phenomenal, but it will not be an investable event until 2009 or later. The reason is that this FCX Clarity is only going to be released on a limited basis in California in summer of 2008 (only to customers currently residing in the Torrance, Santa Monica and Irvine areas who meet additional qualification criteria will be eligible to take an FCX Clarity home) because refueling fuel cells can't be done just anywhere. Not yet, anyway. The good news is that these will be leased for 3-years for $600/month. The bad news is that it is going to be years and years before this is readily available countrywide and many metro areas do not even know when alternative energy fuel stations will be proposed.
This is exactly why any politician offering the American public a four year fix to our energy problem is selling rhetoric you shouldn't listen to. It is going to be 2012 to 2016 before the U.S. will see any noticeable difference, and anyone who believes that any full system-wide fix happening before 2020 is probably more optimistic than realistic. You are hearing this from someone who believes that green investing and green businesses are already becoming big business. But there are also financial and logistical realities.
Click here (http://www.247wallst.com/2007/11/how-investors-s.html) to read the entire column from 24/7 Wall St.