In this energy and environment conscious age, methanol has come to attention increasingly since the well established process is commercially available to produce methanol from abundant low grade carbonaceous resources ; methane, carbon dioxide, coal and biomass etc. Methanol is a Clean energy source which is a readily storable and transportable liquid. It is elaborated to correlate power generation, city gas and chemical feed stocks including transportation fuel, enhancing the national efficiency of resource utilization as well as reducing the environmental problems for the future via Cl technology. It is emphasized that CO₂ could be used to produce methanol as a mean of hydrogen storage as in the nature, which will alleviate the environmental problem such as green house effect.