The irony here is just too sweet: globalization is going to save the environment and reduce our needs for ooooooiiiiiiiilllll. That's got to really chap the asses off the hairshirt/Birkenstock crowd, doesn't it?

My only complaint here is there's no mention of where the energy to extract the hydrogen from whatever it's bound up in currently comes from. My (incredibly limited) understanding is that extracting the hydrogen will not reduce actual pollution, but merely transfer it from the cars to the distillation stations and/or the generation plants.