TECHNOLOGY FOCUS - ORGANIC CHEMISTRY - Preferred Method: The waste material is municipal waste or municipal solid waste or biomass, where the biomass may be specifically grown e.g. algae. The step of supplying water to the plasma melter involves supplying steam to the plasma melter. The step of extracting hydrogen from the syngas involves subjecting the syngas to a water gas shift process to form a mixture of hydrogen and carbon dioxide (CO2) (326); and extracting hydrogen from the mixture of hydrogen and carbon dioxide. The step of extracting hydrogen from the mixture of hydrogen and carbon dioxide involves subjecting the mixture of hydrogen and carbon dioxide mixture to a pressure swing adsorption process or molecular sieve or membrane or aqueous ethanolamine solution. Prior to subjecting the syngas to a water gas shift process to form a mixture of hydrogen and carbon dioxide, there is provided a step of pre-treating the output of the plasma melter to perform cleaning of the syngas and separation of the syngas. The step of forming fuel involves subjecting the hydrogen to pellet or alpha alumina oxide foam or foam style Fischer Tropsch catalytic process. Forming fuel from hydrogen further involves optimizing the production of fuel by correcting the molar ratio of carbon monoxide and hydrogen in the Fischer Tropsch catalytic process. The step of correcting the molar ratio of carbon monoxide and hydrogen involves supplying mixture of hydrogen and carbon monoxide to the Fischer Tropsch catalytic process, by diverting a portion of the hydrogen and carbon monoxide produced by the plasma melter. The step of diverting portion of the hydrogen and carbon monoxide is performed after performing cleaning of hydrogen and carbon monoxide produced by the plasma melter. The method further involves extracting a slag from the plasma melter. The plasma melter is operated in a pyrolysis mode. The algae are exposed to the exhaust stream of the power plant to extract nutrients from the exhaust stream to augment the growth of the algae. The exhaust stream and methanol are cooled to under 65 degrees C to cause liquid fuel to precipitate out. The fuel is re-burned as an energy source. Preferred System: In the system (S1), the exhaust stream contains CO or CO2. The exhaust stream is a full stack exhaust stream. The Fischer Tropsch catalyst reactor is a pellet style of methanol reactor. The methanol reactor is foam reactor, or alpha alumina oxide foam reactor. The system is further provided a plasma chamber for generating H2 for reacting in the methanol reactor. In the system, the portion of the exhaust stream issued by the power plant is consumed in the plasma chamber. The system is further provided fluidized bed for generating H2 by steam process, steam reformation process or hydrolysis process. A sensible heat in a plasma exhaust powers secondary steam reformation process to generate additional amounts of H2. The system is further provided an algae reactor for converting sequestered CO2 to oxygen. EXAMPLE - No suitable example given.