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

Green Car Congress

Methanol can be produced from a range of renewable sources and fossil-fuel based feed-stocks; in practice methanol is mainly produced in coal-rich China from coal. 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%.

Renewable 150