But of course during the transition you would not really save on CO2. As methanol would still be produced by natural gas. But once you have it carbon neutral you can at least still use liquid fuel, and that's something the world will continue to use.
But alcohol fuels also burn much cleaner and release less actual harmful stuff and would make cities much healthier. So there are other things to consider outside of CO2.
But in general, for personal cars and stuff like that batteries are a better solution. The thing is, we could have done more alcohol fuels much earlier.
You're missing every other machine using non-ethanol fuel to operate which is required for harvesting/producing ethanol biofuel.
Ethanol's net CO2 output is positive, not negative. That is not good.
While you might argue that some cases of bioethanol in the first world are essentially just farm subsidies, producing sugarcane ethanol in favorable conditions (e.g. Brazil) definitely is profitable in the financial sense and also in the CO2 sense because it saves most of CO2 emissions compared to the fossil fuels they replace.
Of course, even in ideal conditions any fuel has zero net emissions and can't possibly have a net negative CO2 contribution by itself (that would require carbon sequestration) but every liter of gasoline/diesel that gets replaced by a low-CO2 fuel means a reduction of CO2 emissions.
You shouldn't compare something against a fictional zero, you compare it against realistic alternatives, so CO2 emissions are not only acceptable but actually desirable if they replace much larger CO2 emissions.
You can't set that aside. Consider the whole chain of production and usage or be consigned to a disingenuous selective argument upon the level of quack doctors. Plain and simple.