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Hydrogen could deliver one fifth of world carbon cuts by 2050, industry says

BONN, Germany — Increasing the use of hydrogen in power, transport, heat and industry could deliver around one fifth of the total carbon emissions cuts needed to limit global warming to safe levels by mid-century, a report by the Hydrogen Council said on Monday. To encourage industries to use hydrogen, Toyota and Air Liquide helped set up the Hydrogen Council, a global lobby launched in January this year. Its 27 members include automakers Audi, BMW, Daimler, Honda and Hyundai, and energy firms such as Shell and Total. The council said using hydrogen for transport, energy generation, energy storage, industry, heat and power could cut annual carbon emissions by 6 billion tonnes by 2050. "This would ... contribute roughly 20 percent of the additional abatement required to limit global warming to two degrees Celsius," the council said in a report released on the sidelines of a U.N. climate conference in Bonn. To achieve a two-degree limit this century agreed by governments in Paris in 2015, the world must reduce energy-related carbon emissions by 60 percent by 2050. The report said one in 12 cars sold in California, Germany and Japan were expected to be powered by hydrogen by 2030. By 2050, hydrogen could power 400 million cars, 15 million to 20 million trucks, around 5 million buses, a quarter of passenger ships and a fifth of non-electrified train tracks, as well as some airplanes and freight ships. Achieving this shift in transport and other sectors would require investment of $280 billion by 2030, with about $110 billion to fund hydrogen output, $80 billion for storage, transport and distribution, and $70 billion to develop products. Fuel cell vehicles combine hydrogen and oxygen to produce electricity to power an electric motor, producing water as a byproduct. However, making hydrogen from fossil fuels, a common route, also produces some greenhouse gas emissions. So far the take-up of hydrogen vehicles is tiny and industry experts say their wider use is years away, with high purchase prices and a lack of refueling stations the major barriers. But some firms, such as miner Anglo American and carmaker Toyota, are pushing for fuel cell cars to play a role even with the rise of battery-powered electric vehicles (EVs). Woong-chul Yang, vice chairman of automotive research and development at Hyundai said EVs and hydrogen fuel cell cars were needed because EVs were better for city driving and fuel cell vehicles better for longer journeys.

Car subscription services: A slow, expensive start — but the potential is huge

Americans are used to paying for subscriptions — to magazines and cable television, for instance — but experience shows they'll cancel when the price of admission gets too high, or there are more tempting alternatives. Cord cutters ditched nearly 1.5 million pay-TV subscriptions in 2017, according to a survey by Leichtman Research Group. Cable TV started out cheap with basic offerings, and then got expensive. The auto industry's subscription offerings are new, but they're starting out costly, and not price-competitive with traditional leasing. The upside is that they take the hassle out of car ownership for busy people by letting the service take care of maintenance, insurance, licensing and taxes. And they give consumers choice, often allowing relatively painless switches between different cars in the automakers' lineup. Subscription services also point the way toward an ownership-free auto experience, and offer an easy transition to a potential world where ride- and car-sharing will be dominant. Subscriptions are here to stay, but consumers may take a while to "get" them. Lincoln's subscription service for lightly used 2015 to 2017 models, offered through the Ford-owned Canvas beginning this year, got off to a slow start. Many early subscribers canceled. Last month, Cadillac announced it would " temporarily pause" its $1,800-per-month Book subscription service for "adjustments" as of December 1. According to the Wall Street Journal, "Snags with the back-end technology used to support the service made some customer-service functions tedious and time-consuming, adding costs for the company." The challenge for automakers is to come up with a strategy that offers consumers a compelling, affordable option to regular ownership, and one that can also make a profit. I think they'll find that sweet spot, but they're not there yet. Jack Nerad, former executive editorial director at Kelley Blue Book and author of " The Complete Idiot's Guide to Buying or Leasing a Car," points out that "A lot of people expected that subscriptions would be very valuable for people who wanted inexpensive transportation, but the reality is quite the opposite. Subscriptions are offering more choices for the wealthy.

Mercedes-Benz Museum introduces classic car sales

Mercedes is aiming to take the guesswork out of buying a classic car with its latest initiative. Instead of buying a classic Benz from a private owner, the public can now purchase directly from the Mercedes-Benz Museum in Stuttgart, Germany. The program is called "All Time Stars," and is split into three categories. Vehicles in the Premium Edition are in pristine condition, with low mileage, and fully restored by the Mercedes-Benz Classic division. Collectors Edition cars are guaranteed to be in tip-top shape both technically and aesthetically, but have some miles on the odometer and the patina to go with them. Finally the Drivers Edition are meant for everyday driving – fixer-uppers that "still offer potential for further restoration work." Regardless of their category, each vehicle that passes through the program is subject to an extensive 160-point inspection. The process identifies any issues, and any modifications to the vehicle's original condition that may have been carried out over the course of its history. At the moment, the museum is highlighting three examples up for sale. The oldest is a Type 630 Kompressor from 1929. The newest is an E320 convertible from 1995 with 31,000 miles on the odometer. In between is also a 280 SE sedan of 1973 vintage. Head to the program's website and you can also see examples like a '79 450 SEL, a '94 E60 AMG, a '92 500 SL, and a rare CLK-LM racer from 1998. There are several more that have already been sold through the program, and more to be added to the catalog in the near future. Mercedes-Benz Museum selling classic cars directly: 'All Time Stars': modern classics and vintage greats from Mercedes-Benz Stuttgart, Nov 05, 2015 The Mercedes-Benz Museum is now selling classic cars from all periods under the name All Time Stars. The complete range can be seen on the website alltime-stars.com. You can also view the vehicles in person at the Mercedes-Benz Museum and arrange the purchase there too. A team of sales consultants are on hand to provide detailed information and extensive descriptions of the vehicles in order to offer as much transparency as possible. Buying a classic car is a matter of trust. It has to be. Otherwise what is often supposed to be a dream come true may in fact turn sour. The All Time Stars by Mercedes-Benz aim to extend the brand's extensive quality commitment to the purchase of classic cars. The focus is on vehicles that are suitable for everyday driving.