Fossil fuel utilization as an energy resource is the main cause of CO2 emission; therefore, a new energy economic concept is required to achieve carbon neutrality to mitigate climate change impacts. Here, the authors propose a green-alcohol (green-ol) economy wherein green-ol, a major chemical used in CO2 recycling, can serve as fuel for land (e.g. ethanol) and air transport (e.g. butanol), and as a liquid organic hydrogen carrier (LOHC, e.g. methanol) for green hydrogen.