> corrections welcome. Methane is not made from oil. It's either directly pumped out of the ground as natural gas, or collected from organic decay processes.

> corrections welcome. Methane is not made from oil. It's either directly pumped out of the ground as natural gas, or collected from organic decay processes. Methane is more carbon-efficient, as it has almost 2x more hydrogen per carbon compared to longer hydrocarbon fuels, and most of the energy in the molecule is in the hydrogen, to the tune of 40% more energy per ton of CO2. One ton of methane burnt produces ~2.7 tons of CO2 (and 2.2 tons of water), compared to one ton of octane producing 3.1 tons of CO2 (and 1.4 tons of water). Of the propellant in the rocket, less than a quarter is methane, and more than 3/4ths are LOX. The stoichiometric ratio would be ~1:4 (by mass), but for various reasons most rocket engines are more fuel-efficient when burning fuel-rich, so the real ratio is probably somewhere between 1:3.6 to 1:3.8. The energy cost of producing LOX is really, really low, less than 1% of the energy content of similar mass of methane. Also, this process is done with electricity, and is very amenable to intermittent production. (So the CO2 impact is effectively zero). Coming from the other direction, according to the department of energy, the US yearly CO2 emissions from all anthropogenic sources are ~6.7B tons of CO2 equivalents, while the launch of a single SS/SH produces about 2700 tons. If you were launching a thousand of them every year, they would account for 0.04% of emissions.