Within the global challenge of sustainable energy supply and greenhouse gas emissions mitigation, carbon capture and storage and the deployment of renewable resources are considered as promising solutions. In this study the production of ammonia mainly used in the fertilizer industry and that is responsible for around 2-3% of the world greenhouse gas emissions is analyzed. Considering natural gas and biomass as a resource and the option of CO2 capture and storage, different process configurations are systematically compared with regard to energy, economic and environmental considerations. A consistent thermo-environonomic optimization approach combining flowsheeting, process integration techniques, economic performance evaluation, life cycle assessment and multi-objective optimization is applied for the conceptual process design and competitiveness evaluation. It is highlighted that the quality of the process integration is a key factor for improving the performance by valorizing the heat excess through electricity cogeneration. Including CO2 mitigation in the ammonia production allows to reduce the emissions but leads to a slight efficiency decrease due to the energy consumption for the CO2 compression. For the natural gas fed process yielding an energy efficiency around 65%, the overall life cycle emissions can be reduced to 0.79kg(CO2)/kg(NH3) with CO2 capture compared to 1.6kg(CO2)/kg(NH3) without capture. Considering the biogenic nature of the carbon in the biomass, the emissions drop to -1.79kg(CO2)/kg(NH3) for the biomass process having an energy efficiency of 50%. The economic competitiveness highly depends on the resource price and the introduction of a carbon tax. This study reveals the potential of the decarbonization of the fertilizer industry.