New technological advances may make it possible in the near future to engineer a coal-powered car so clean that it produces nearly no polluting emissions, including carbon dioxide, experts tell FoxNews.com.

“There are many exciting possibilities for the clean coal technology,” says Liang-Shih Fan, a chemical engineer and director of Ohio State University’s Clean Coal Research Laboratory. “We found a way to release the heat from coal without burning it. This could be applicable for many industries.”

Fan last week disclosed that he had discovered a way to get the energy out of coal without burning it, using iron-oxide pellets as an oxygen source, and contain the reaction in a small chamber from which pollutants cannot escape. The only waste product would be water and solid coal ash -- no greenhouse gases. As an added benefit, the metal from the iron-oxide is recyclable.

The energy creation process is commonly known as “oxidation,” and is the chemical combination of a substance with oxygen. The use of the process is envisioned by Fan and his colleagues as a replacement for old-fashioned coal power plants, which spew greenhouse gases.