We have cited numerous references for you confirming that Carbon Dioxide from our processes of coal use can be, and should be, reclaimed and recycled.
Now, a petroleum industry giant confirms our assertions by putting their money where our mouths have been.
A few excerpts from this very recent story:
"Oil giant Exxon Mobil Corp. is making a major jump into renewable energy with a $600 million investment in algae-based biofuels."
"Exxon is joining a biotech company, Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum."
If you have followed our posts on coal-to-liquid technology, and how it's by-products, especially Carbon Dioxide, can be reclaimed and profitably recycled, you'll be familiar with Exxon's partner in this new endeavor: Geneticist Craig Venter, and his company, Synthetic Genomics.
Shell Oil, as well, is getting into this industry, and we'll follow up with news of their developments. But...
Keep in mind that both Exxon, with their MTG Process, and Shell, are very active, as we have documented, in the "energy conversion" business. It could well be that they are developing these CO2 recycling technologies as part of fundamental strategies to move, cleanly, as they should, into the business of converting coal into needed liquid fuel and valuable chemicals currently, for the most part, derived from petroleum.
Whether they do proceed with full development of CTL and the associated opportunities inherent in it's by-products, such as CO2, or not, though, these demonstrated technologies can be harnessed by others to enable all of us to use our vast coal resources in a responsible and profitable way that will lead us into a new era of truly sustainable growth, and liquid fuel self-sufficiency.