Enlarge (credit: Aurich Lawson | Getty Images)

Synthetic fuel promises to put gasoline back in our future. Motorsport will be using it in 2026, and European Union law is using it as a stay of execution for the combustion engine. Advertising promises that a future without fossil fuels doesn't need to be one without gasoline. But burning petrochemicals, wherever they come from, is still burning petrochemicals, and synthetic fuels come at a cost their supporters aren't talking about.

We live in perilous times. The annual Intergovernmental Panel on Climate Change report has become blunter with every edition. The sixth, published this March , described the steps we need to take to "secure a livable future." Not a good future filled with an abundance of resources and biodiversity, just a survivable one. We're in this situation because we've spent the better part of two centuries digging up fossil fuels and burning them, putting carbon and other greenhouse gases like methane into the atmosphere and causing significant global warming.

But even though there's a domino effect to climate change—drought breeds drought as the land cooks and water seeps into the sea, for instance—mathematically, there is still time to act.

Enlarge / The HIF synthetic fuel plant near Punta Arenas in Chile. (credit: Porsche)

This week, a Chilean startup called Highly Innovative Fuels officially opened its first synthetic gasoline production facility. HIF was created to run the new plant, which is the result of a collaboration between the automaker Porsche , Siemens Energy, Exxon Mobil, Enel Green Power, the Chilean state energy company ENAP, and Empresas Gasco. Initially, the site will produce around 34,000 gallons (130,000 L) a year, scaling up to 14.5 million gallons (55 million L) a year by 2024, with plans to increase that tenfold to 145 million gallons (550 million L) a year by 2026. The first gasoline produced by the plant was used to ceremonially fill a Porsche 911, a task performed by Chile's energy minister, Diego Pardow.

"Yesterday, we celebrated together with all the employees from HIF and our partners, this historic moment," said Barbara Frenkel, Porsche's board member for procurement. "It was a very special evening, because we are encountering something which is of course, very important to us for our sustainability strategy, but also as we see big potential in efuels for the decarbonisation of the Earth's climate. So, the synthetic fuel we are producing here, stemming from wind energy, water and CO ₂ is really a compelling idea," she said.

The site, located in Punta Arenas in Southern Chile, will use wind to power the process—the area sees high winds roughly 270 days a year, and a wind turbine can expect to produce up to four times as much energy as one in Europe, according to Frenkel.

Enlarge / In addition to getting faster over the years, F1 cars have also gotten far more efficient. And that's only going to increase in the coming years. (credit: Jared C. Tilton/Getty Images)

When Formula 1 cars take to the track for the first time in 2026 , they'll do so powered by carbon-neutral synthetic fuels, part of the sport's "net zero by 2030" plan. It's a laudable goal, but, I confess, one I've sometimes questioned. After all, most of the carbon emitted during the course of an F1 weekend comes from the same sources as any other popular sport— the teams and fans traveling to and from the event. But after speaking with Pat Symonds, Formula 1's chief technical officer, I may have been missing the forest for the trees.

"In essence, yes, you're quite right. The total carbon footprint of the sport—of scope 1, 2—is just over a quarter million tonnes of CO ₂ equivalent, and the cars on the circuit represent 0.7 percent of that," Symonds explained to me. "So yes, your premise is true. But we try and take a much wider view. And what I think we have in developing a sustainable fuel and putting it in our race cars is an enormous multiplier effect. The 2 billion vehicles that are out there could use this fuel, and then the 400,000 people driving to [the US Grand Prix] isn't a problem," he said.

Formula 1 has changed quite a bit in the years since Liberty Media bought it at the end of 2016 with bigger ideas than simply sucking revenue out. Instead of pretending the Internet never happened, you can now watch races via F1's own streaming service, a service that has markedly improved over the past couple of years. In the US, a move to ESPN saw the sport go commercial-free during the actual races. And, of course, there's the whole Drive to Survive phenomena, which has boosted audiences worldwide—but particularly in North America, which next year will host grands prix in Austin, Texas; Miami; and Las Vegas.