BP, GM see hydrogen in their future

Companies agree that renewable energy is the future fuel of choice, but pursue a variety of options in the meantime.

WASHINGTON, D.C. (CNNMoney.com) — Top executives of BP and General Motors Corp., two of the world’s largest corporations, outlined on Tuesday their visions for the future of renewable energy.

They came to the same bottom line: Hydrogen will likely fuel the cars of the future, although it could take 50 years to get there. Until then, each company will pursue different strategies for developing new energy sources.


Their comments kicked off the Washington International Renewable Energy Conference, a global meeting of energy officials organized by the U.S. State Department, and an adjoining trade show with over 300 vendors and energy industry luminaries.

Speakers ranged from BP head Tony Hayward to U.S. Energy Secretary Samuel Bodman to venture capitalist Vinod Khosla.

CNNMoney.com