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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

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CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. The BIT researchers estimated that a 30% fuel-cost saving could be attained if methanol was burnt even though the price of crude oil has decreased by more than 50%. Sileghem, L., Wallner, T.,

Renewable 150
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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However, since the cost of the hydrous ethanol is significantly lower, hydrous ethanol will provide a lower cost per mile travelled, assuming the processing cost savings is passed on to the consumer. d) further provides for alcohol blends as follows: Special provisions for alcohol blends. (1)