Last spring, a steel mill in a city east of Beijing began transforming carbon emissions into fuel, thanks to a first-of-its-kind bioreactor filled with microbes that eat waste gases and produce ethanol—as many as 16 million gallons a year at the mill. The six-year-old Chicago-area biotech company LanzaTech designed the system, which can be used at a variety of industrial sites, in an effort “to show the world that carbon reuse is feasible, possible, and can make economic sense,” says CEO Jennifer Holmgren.