Energy company turns carbon dioxide into petrol

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BMW invests in Prometheus, which will begin selling its carbon-neutral fuel at US petrol stations in 2020

Prometheus will sell its zero net carbon fuel at petrol stations in the US alongside regular fuel. Picture: SUPPLIED

Giving the project impetus is BMW’s announcement that it is investing in Prometheus Fuels through its BMW i Ventures hybrid venture firm. “The average car stays on the road for more than eight years, meaning that even if the whole world switched to buying 100% electric cars tomorrow, it would still take almost a decade for today’s internal combustion engines to be off the road.

Prometheus Fuels will begin selling its carbon-neutral fuel at US petrol stations later this year, allowing consumers for the first time to have the option to purchase fuel that doesn’t add COAs the fuel is captured, it doesn’t add any net COReplacing all fuels made from oil and gas with zero net carbon fuels can reduce about 25% of global carbon emissions, making this one of the largest levers that modern society has in the fight against climate change, says BMW i Ventures.

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