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Except that hydrogen is difficult to store, and we do not have a massive distribution infrastructure and demand already in place.Storing energy as hydrogen gas is far more efficient than converting into gasoline. We won't even need gasoline at all very soon. There is a place for methanol but it is a small piece of the puzzle. We cannot keep using I/C engines for transportation they are far too inefficient.
https://www.siemens-energy.com/glob...odV3Nu95jyGYu6d-TqFlmM0BYbbHqysRoCEQIQAvD_BwE
Consider if in the next few year oil stabilizes at over $100 a barrel, and the refineries find it is more profitable to purchase surplus electricity
and make their own fuel from atmospheric CO2 and hydrogen. A new fuel handle shows up at the pump with 100 octane
carbon neutral gasoline, that is about the same price as regular.
By the way, Exxon Baytown is bringing up a unit that will do most of this right now.
ExxonMobil planning hydrogen production, carbon capture and storage at Baytown complex
Exxon's fuel will not be carbon neutral...yet, as they will initially source the hydrogen from natural gas,
but the carbon will come from captured CO2.