Abstract: A process and apparatus for producing carbon nanofibers. The process comprises two stages. The first stage involves oxidizing light hydrocarbon with carbon dioxide or water, or oxygen, or a combination thereof to a mixture of hydrogen and carbon monoxide. The second stage involves converting the produced hydrogen and the carbon monoxide to carbon nanofibers and steam. In this way, greenhouse gases may be reduced by using carbon dioxide and methane (and/or other light hydrocarbons) as reactants; and useful products may be produced, such as Carbon NanoFibers (CNF).