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 Fuel cell vehicles reforming hydrogen carrier fuels (such as 
methanol) on board emit just miniscule amounts of the principal 
pollutants (carbon monoxide, nitrogen oxides, and volatile organic 
compounds) regulated by the Clean Air Act.  FCV also have the 
potential to greatly reduce green house gasses such as carbon 
dioxide and methane.  Assuming  a global fleet of 40 million 
methanol FCVs by 2020, and average annual mileage of 12,000 
miles per vehicle, the annual carbon dioxide emissions reduction 
would reach 104 million metric tons.
 Unlike oil which must delivered with tankers that can be (and have in 
fact been) targets for  
terrorism, leak and kill a lot of marine life, methanol can 
be produced in sufficient amounts in the U.S., reducing the need for ocean transport  
of toxic chemicals.   Beyond that, methanol is an easily 
biodegradable substance.  In the event of a 
spill in the ocean, it is much less toxic to marine life than crude 
oil or gasoline (the Office of Pollution Prevention and Toxics 
concluded methanol is essentially non-toxic to the four fish species 
it tested.) In the event of a leak from an underground storage
tank, methanol is expected to swiftly biodegrade.  Gasoline and 
many of its toxic components and additives, such as benzene and 
MTBE, biodegrade more slowly and remain in the environment 
longer.  In any case, the risk of a methanol spill is greatly 
reduced by the use of double walled containment tanks and leak 
detection monitors.
 Information from the U.S. Environmental Protection Agency (EPA):
 
Clean Alternative Fuels - Methanol Factsheet 
 
Chemicals in the Environment: Methanol
 Further Reading
 
Evaluation of the Fate and Transport of Methanol in the Environment
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