Mitigation of peak oil is another alternative, and combined cycle power generation using natural gas is the cleanest source of power available using fossil fuels, producing about 30% less carbon dioxide than burning petroleum and about 45% less than burning coal. The major difficulty in the use of natural gas is transportation and storage because of its low density. Natural gas pipelines are economical, but are impractical across oceans. Due to its high energy density and ease of handling, oil has a unique role as a transportation fuel. There are, however, a number of possible alternatives. Among the biofuels the use of bioethanol and
Carbon dioxide combustion of all carbon-based fuels, such as methane (natural gas), petroleum distillates (gasoline, diesel, kerosene, propane), coal, wood and generic organic matter produces carbon dioxide and, except in the case of pure carbon, water. As an example, the chemical reaction between methane and oxygen: It is produced by thermal decomposition of limestone, by heating (calcining) at about , in the manufacture of quicklime (calcium oxide, ), a compound that has many industrial uses: Iron is reduced from its oxides with coke in a blast furnace, producing pig iron and carbon dioxide: Carbon dioxide is a byproduct of the industrial production