Is Porsche on to something? Last June, the German automaker announced that it was investing $75 million and acquiring a 12.5-percent stake in HIF Global LLC, a Chilean company that is producing what’s called “e-fuel,” sustainably-produced gasoline and other conventional fuels produced unconventionally—using hydrogen produced via wind power and captured carbon dioxide (CO2). Fossil fuels for transportation appear doomed globally because of their major contribution to climate change, but HIF thinks it can produce viable replicas in a process that is “nearly” carbon neutral. When burned, e-fuels will still produce tailpipe emissions, of course.
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