Suddenly, I like Porsche a lot more. Hard to believe fuel availability will be there.
Porsche looks to e-fuels as way to keep traditional engines an option
Dec. 2, 2020 2:56 PM ET|About: Porsche Automobil Holding SE (POAHY)|By: Clark Schultz, SA News Editor
Porsche (OTCPKOAHY) is investing around $24M in the development of e-fuels to replace gasoline in non-electric vehicles.
The approach would allow the brand to keep an traditional engine model viewed as environmentally-friendly alongside its EV entries.
E-fuels are produced by a complex process using water, hydrogen and carbon dioxide to create a "renewable methanol" by filtering from CO2 the air and combining it with hydrogen from water to produce synthetic methanol.
So steal food from plants in order to expensively make the simplest form of alcohol? We're going to need more nuclear plants.