This is not new news for me. There are guys working on producing fuel from factory exhaust chimneys. Instead of blasting all that CO2 into the air, it would be cheaply converted into fuel.
Still, it's nice to see the technology being developed further.
LTK_70 said:
Given that you need an insane amount of clean energy to even dent the efficiency of fossil fuels, and you lose energy with every transition, I don't see how this is a good solution for anything.
I know you posted this 5 days ago and it's probably been replied to more than once, but I just felt compelled to point out that the article already addresses this concern:
Article said:
If the conversion plant were powered by a renewable source of energy, such as wind or solar, then the resulting fuel would be a messiah of green fuels. The clean gasoline would solve the problem of solar and tidal energy rich areas in that it would make that energy easy to transport in a liquid form.
What they're saying is that there are areas where large amount of green energy can be created, for example having solar panels in the middle of a desert, but it isn't economically viable to develop those areas. That is because transporting electricity over very long distances is wasteful. This technology would now make it profitable to develop those areas, since they can now be used to produce fuel instead of electricity. Since the fuel came from a green energy source and the CO2 came from the air, you can consider this type of fuel to be green.