A new source of energy?

Or is it 21st century snake oil?
Interesting article from CNN Money about a BlackLight, a NJ company which claims to be able to convert hydrogen from water into energy, with no pollution.
The timing is interesting. At a time when oil prices are the highest in history, desperation can lead us to believe in any alternative that sounds plausible. Still, the company claims to have been able to already secure significant capital financing.
I wish them luck. If the process is valid, the implications are profound. Just sounds too good, though.

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