Why ‘green methanol’ is a credible energy source for the world

  • Date: 14-Dec-2023
  • Source: Arabian Post
  • Sector:Oil & Gas
  • Country:UAE
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Why ‘green methanol’ is a credible energy source for the world

The global move away from fossil fuels called for at the COP28 climate conference in Dubai can only succeed within a reasonable period of time if it is replaced by so-called “green methanol” (renewable methanol) as the world’s energy source. This is the assessment of the global think tank Diplomatic Council, which is in consultative status with the United Nations, in its latest book “Prosperity and Economic […]

via Why ‘green methanol’ is a credible energy source for the worldThe global move away from fossil fuels called for at the COP28 climate conference in Dubai can only succeed within a reasonable period of time if it is replaced by so-called “green methanol” (renewable methanol) as the world’s energy source. This is the assessment of the global think tank Diplomatic Council, which is in consultative status with the United Nations, in its latest book “Prosperity and Economic Growth without Regrets” . In contrast, the large-scale conversion of the global economy from coal, oil and gas to electricity generated by the sun, wind and hydropower has no chance of being realized for many decades to come, according to the global think tank. 

“Green methanol” is produced from hydrogen using electrolysis, with the necessary electricity