>potentially creating a new technology to help avert climate change >The reaction turns CO2 into ethanol, which could in turn be used to power generators and vehicles. I am no scientist, my question is this: wouldn't it be a zero sum game at best? You are taking C02 out of the atmosphere, turning it into fuel, which then is used in C02 emitting engines.
But it can be better than that. If you had a zero sum technology that evened out fluctuations in other renewables then you're in the realms of CO2 reduction.
You also may have the possibility of more practical sequestration than CO2 though I can think of a few pitfalls with ethanol lakes, especially around Spring Break time.