Burning fossil fuels is currently the reason for 75% of CO2 emissions in the world. While humanity seems to have understood that the future can’t handle that, reaching a fossil-free situation will take many years.
In the meantime there are more than one billion petrol cars in the world. Even if it was possible to swap them all for fossil-free alternatives, it would mean throwing away a lot of resources.
What if we could convert those cars to run on methanol instead? Methanol can be produced as a bi-product from the forest industry or by grabbing CO2 from the atmosphere and extracting hydrogen from water using electricity. In both cases, the CO2 could be reused over and over again. If realised, this technology could be an interesting ingredient in the transformation mix.
The term methanol economy was coined by Nobel prize winner George A. Olah. Other usage scenarios of methanol is to store excessive energy from wind/solar power, and to make countries less dependent on the fossil fuels of dictatorships during the transformation to a fossil-free society.
In this breakfast webinar, Mårten Silvanius will tell us more about the methanol economy, the good things as well as the challenges, and show how he is applying the theory.
Want to know more about this interesting subject? Then join us for this breakfast webinar on December 15 from 8:30-9:00 CET! Register by sending an email to yes@factor10.com.