Researchers at the Sandia National Laboratories in New Mexico are working on a process to make fuel from CO2:
The Sunlight to Petrol, or S2P, project essentially reverses the combustion process, recovering the building blocks of hydrocarbons. They can then be used to synthesize liquid fuels like methanol or gasoline. Researchers said the technology already works and could help reduce greenhouse-gas emissions, although large-scale implementation could be a decade or more away.
"This is about closing the cycle," said Ellen Stechel, manager of Sandia's Fuels and Energy Transitions department. "Right now our fossil fuels are emitting CO2. This would help us manage and reduce our emissions and put us on the path to a carbon-neutral energy system."
The idea of recycling carbon dioxide is not new, but has generally been considered too difficult and expensive to be worth the effort. But with oil prices exceeding $100 per barrel and concerns about global warming mounting, researchers are increasingly motivated to investigate carbon recycling. Los Alamos Renewable Energy, for example, has developed a method of using CO2 to generate electricity and fuel.
The researchers claim the technology could be implemented on a large scale within 15 to 20 years. More info at Wired.com.