September 22, 2010 London, U.K.
A survey carried out by Air Products at the Low Carbon Vehicle 2010 conference last week revealed that 53% of people think that the future of low carbon transport lies in a technology other than electric vehicles. To date the Government has focused most of its energy and resources on supporting electric vehicles and these findings throw this into question, not least because only 27 % of respondents felt that electric vehicles would be the most effective way of powering low carbon vehicles in the long term.
19% suggested that electric would be one of a number of technologies, with the remaining 53% identified different technologies including 34 % of people who felt that hydrogen would be part of the future transport mix. This finding follows hot on the heels of a call from the Energy and Climate Change Select Committee for the Government to move away from its emphasis on electric vehicles and Deputy Mayor Kit Malthouse’s plea for the UK to move towards a hydrogen transport infrastructure.
This also chimes with another finding of the survey, that people felt that the Government had been getting its support for the different transport technologies wrong. More than two-thirds of respondents thought that the Government had not achieved the right balance in its support of different transport technologies.
In addition, the survey also suggested that direct financial incentives are the best way for the Government to encourage public take-up of low carbon vehicles according to attendees at the UK’s largest low carbon vehicle conference. More than 80% of respondents thought that direct financial incentives for vehicles are the best way to encourage public take-up of low carbon vehicles.
About Air Products
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.