Now isn’t this process a better idea. Instead of just burying the CO2, and spawning a new industry, this process converts CO2 into a clean burning fuel that can be used in BioFuels.
Much better although I do wonder about how much power, and therefore CO2 generated, the process requires.
It will be interesting to watch because it sounds to me like we have a system that generates power from fossil fuels and some CO2 and then another system that converts the CO2 to Methanol so that it can be fed into the system at the start of the cycle again.
Perhaps these converters should be actually built on the power stations and feed the Methanol straight in. Makes more sense that the CCS technology being mandated.
In practical terms, what would be the cost benefits?
A cost/benefit analysis on Green matters? What have you been drinking. Since when does that matter?