Green methanol serves as a vital bridge between the chemical and energy sectors in achieving carbon neutrality. This review critically summarizes recent progress in biomass gasification, CO2 hydrogenation, and hybrid configurations, integrating catalytic, techno-economic, and policy perspectives. Biomass gasification shows high technological readiness but faces feedstock and cost limitations, while CO2 hydrogenation (e-methanol) offers long-term scalability constrained by hydrogen and electrolyzer costs. Integrating biomass-derived syngas with green hydrogen provides a synergistic pathway to enhance carbon efficiency. Catalyst development has shifted from conventional Cu-ZnO-Al2O3 to advanced noble-metal, bimetallic, and oxide-hybrid systems, emphasizing activity, stability, and sustainability. Economically, bio-methanol and e-methanol currently cost about 250–1000 USD t⁻¹ and 2000–2400 USD t⁻¹ in 2025, respectively. With continued technological learning, economies of scale, and carbon pricing incentives, their costs are projected to decline to approximately 300–400 USD t⁻¹ and 700–800 USD t⁻¹ by 2050. This review underscores three priorities for the sustainable scale-up of green methanol: improving catalytic and process efficiency, integrating renewable-based systems, and implementing supportive policy frameworks. Their convergence will enable methanol to become a cornerstone of the future carbon-neutral energy landscape.
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