Fuel Cells as a Public Good

Introduction

Engineers possess an indispensable role in today’s society. Not only do they research, design, and test the products of today, but they also pave the way for future technological advances in all areas of industry. While the majority of these products are designed with the private consumer in mind, they can also benefit the greater good of the public. Mechanical engineering, my chosen field of study, is definitely no exception to this rule and it even, arguably, accounts for some of the greatest contributions to society. For example, a current major area of research is in the application of fuel cells as an alternative to fossil fuels. Not only will fuel cells serve as private goods, but they will also function as public goods as well. But before one can fully understand the extents of this, it is necessary to understand what exactly a “public good” and “private good” are.

Definition of Public Good

Most