Hey there champ, so imagine you have a toy car that needs fuel to go vroom vroom. Right now, most real cars use gasoline as fuel but scientists are looking for other kinds of fuel that are better for the environment. Methanol is one of those fuels.
Methanol is made from things like natural gas or even carbon dioxide, which means it's less harmful to the environment compared to gasoline. It's a clear liquid that's kind of like rubbing alcohol.
A methanol economy means that instead of using gasoline, we would use methanol to power cars, trucks, and even airplanes. But, in order to use methanol, we need to make sure that we have enough of it and that it's easily available.
One way to make methanol is by using renewable energy sources like solar or wind power to create the electricity needed to produce it. This is called a "green methanol" because it doesn't use non-renewable sources like oil or coal that can harm the environment.
In summary, the methanol economy is a way of using a cleaner fuel to power vehicles instead of relying on gas, and we can create methanol in a way that doesn't hurt the Earth. Pretty cool, huh?