Re:Bill Gates et. al. launch massive clean-energy fund to fi...
by lpaone on Monday December 12, 2016 @02:53AM
(#13156390)
Despite what Elon Musk says, fuel cells aren't dead in the slightest. Yes there has been some stagnation in innovation from the major players, buy there has also been some significant and ground breaking improvements in fuel cell efficiency in the past few years.
At least one company that I know of, Loop Energy, has proven (independently verified) fuel cell tech that will soon make cargo trucks 0-emissions. (Note: My brother was the lead engineer and basically developed this)
Sure it has taken a while, but things like this would not have been possible without that initial investment in fuel cells.
But you can't fault them for trying, and it sounds to me like this fund isn't investing necessarily with a high likelihood of making money, hence the 20 year time frame.