why we need a price on co2

Share price is one thing, but the price that really matters is the product price, the overall cost of ownership and potential to run it at a profit. Unless CFU is content to provide test machines to utilities and government departments, it must be competitive in the marketplace. That means it must be capable of providing a positive cashflow to whoever buys it, whether it is a private family who plan to reduce their overall electricity costs, or an enterprise that wants to run it at a profit.

Fuel cells have been a long term technical challenge, a kind of holy grail in energy conversion. This produce holds the world record for energy conversion efficiency across the board. It is 60% efficient not including the hot water option. The next most efficient conversion process is also a fuel cell and that is only 40% efficient. CFU can be proud of its achievements and its product. http://tinyurl.com/3cso4ul

In the long term, I am sure that this product will be revolutionary. But it is the short and medium term that is crucial for their survival. They must generate revenue to survive in order to experience a long term success.

To bridge the cost gap, we need a price on carbon. Conventional methods of burning fuel to generate electricity are wasteful. Coal fired power stations are only about 20% efficient and losses in transmission chop about 10% off the power that is sent through the wires. This is one of the huge strengths about BluGen in that it is distributed power. This factor seems to be neglected in many conversations about energy.

We need a price on CO2 because the wasteful way in which our resources are squandered undervalues the true value of these valuable chemical feedstocks. A price on CO2 will help redress this. It will also level the playing field so that outstanding inventions such as those that CFU have produced can flourish and benefit all mankind.