NOVELTY - A method (M1) of economically converting exhausted waste carbon dioxide to alcohol or traditional liquid fuel suitable for automotive transport involves: converting exhausted waste carbon dioxide from fossil fuel burning power stations to alcohol or traditional liquid fuel.    USE - For economically converting exhausted waste carbon dioxide to alcohol or traditional liquid fuel suitable for automotive transport; as a device for electrical power storage, through the production of liquid fuels, particularly methanol; for increasing the thermal efficiency of a coal fired power station operating in conjunction with a liquid fuels synthesis plant; (claimed); in motor vehicles as a blend with petrol or in a pure form, traditional liquid automotive fuels petroleum and dieseline and aviation gas.    ADVANTAGE - As per amended claim, the method provides low physical space requirement of the methanol manufacturing facility to exhibit a continuously variable production rate over a wide range by instanteous power availability changes; provides economics in manufacturing process resulting in a low unit cost of production; provides high catalyst selectivity (98%) to methanol in the manufacturing process; and provides simplicity of the distillation, which renders the manufacture of methanol by a process which is economically viable. The method provides superior fuel efficiency, cost and pollution characteristics, coupled with essential compatibility with the existing engines, and distribution infrastructure. The method is strongly cost-effective to operate a conjoined electricity storage scheme at variable rates, rather than to downturn an electricity generating plant. The method produces liquid automotive fuel; uses two power plants which is situated adjacent to one another, resulting in a low environmental impact and financial economy; and uses waste gas instead of valuable raw material fossil fuel which is used for applications outside of simple combustion.    DETAILED DESCRIPTION - An INDEPENDENT CLAIM is included for preparation (M2) of liquid fuels using coal as the primary feedstock, in which substantially zero emissions of carbon dioxide accompany the manufacturing process in conjunction with traditional manufacturing technology or with production of carbon monoxide and hydrogen employing the water gas reaction, with a non-CO2 emissive energy source providing energy for the endothermic reaction.