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Do we already know the solution to the looming energy crisis and global warming?

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I read an little article about martian terriforming that basically explained how to solve the problem of Oil, greenhouse effect and basically all power shortages ON EARTH

With recent advances in "reverse combustion," Mars could become the solar system's biggest power-plant. For a while now, scientists have known how to create fuels (methane, butane, propane, propylene) out of carbon dioxide and hydrochloric acid fused together under pressure. However, this process required more power than could be created from the fuel. Hoping to solve yet another "where will we get it" question, Japanese scientists stumbled upon a magnetite catalyst that, when mixed the hydrochloric acid and CO2 allows these two chemicals to be fused together using only waste heat from a power plant. This means that a Martian power plant would need only an initial power boost to create fuel, then the fuel would be burned. The heat would fuse together more fuel and the electrical power would go out to the Martian populace. The CO2 and the CO1 would go to create more fuel. An even greater advantage is that when this process takes place, the oxygen molecules separate from the carbon molecule, meaning that power-plants could literally "scrub" the CO2 out of the air and create pure oxygen in its place.

There is a massive amount of carbon dioxide in the air and no shortage of hydrocloric acid
Hell human bodies even produce these substances on their own. The author claims that carbon monoxide may even be used too so that puts an end to global warming.

So WTF are we waiting for? If this is real then why haven't we done it already? Any enlightened GAfers know the answer?
source: http://www.redcolony.com/art.php?id=0212280

edit: clearified statement
 

android

Theoretical Magician
gamepro said:
So WTF are we waiting for? If this is real then why haven't we done it already? Any enlightened GAfers know the answer?
source: http://www.redcolony.com/art.php?id=0212280
We aren't on Mars yet and quite frankly probably won't be for another hundred years. Plus that doesn't solve the earth's energy problems just Mar's . And colonzing and terraforming Mars that's three or four hundred years from completion at least.
 

Triumph

Banned
The solution will be massive war and famine that kills 9/10 of the world's population. You heard it here first!
 
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