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The plant, which it claims would be the largest to date anywhere, would make e-methanol from captured carbon dioxide and green hydrogen produced on site using renewable energy.

The clean hydrogen tax credit would help reduce the cost of the American technology going into the facility, and aide in competing with Chinese e-methanol producers, says Lee Beck, HIF Global's senior vice president for global policy and commercial strategy.

About 480 jobs could be created with the manufacture of e-methanol for jet fuel and e-ammonia for shipping - but that would require £6.6bn of private investment and would not be operational until around 2035, the report said.

The company said it was “currently testing and developing Lego bricks made from a range of alternative sustainable materials, including other recycled plastics and plastics made from alternative sources such as e-methanol.”

Also known as green methanol, e-methanol is composed of waste carbon dioxide and hydrogen, created by using renewable energy to split water molecules.