c02 is harmless completely harmless. Yes you can and do breath it every second of every day. Even if there weren't a single car, bike, forest fire, volcano, or fart on the planet it's a necessary vital part of life. We exhale co2 all our lives and trees need it to breath, and we need the oxygen from trees.
Glad to hear others here are wise to the money scams.
The pollutants that are real, the smog in cities isn't co2 and is a real issue, but you don't hear the governments actually say anything about it because they need that gas tax revenue, they'd just like you to pay them more money.
2 strokes are dirty period. Not so bad with tiny ones, you have nothing on busses and deisel trucks which is really where the auto emissions should be focused but if you care about the environment go 4 stroke next time around. Tiny 4 strokes there's no way in **** they are worse than even the best car, unles that car is electric. If emissions were really an issue the government cared about they'd push hho generators with tax credits for those who use them on their cars and trucks. They increase mpg at least a little, a lot in older cars, and help give a much cleaner burn which is most important just by adding a bit of hydrogen in the burn. It only takes 5% more than atmospheric levels added to make a big difference. Even the best most modern gas car engine is only around 25% efficient, not even counting the waste in putting that power to the ground, or carrying 2 tons of extra weight just to carry a single person around most of the time.
No most little engines can't run a hho generator, you'd need at least a decent size magneto or alternator that has more power than you need for running lights to break water bonds with electrolysis, and most small bicycle engines don't have enough output or any.
If your little engine does put out power, 12v, more power than you need for lights, then you can gain mph adding a tiny tiny hho unit, look on youtube for hho scooters improvements, you'll find 50cc scoots gaining as much as 7-9mph top speed with better mpg and cleaner smelling exhaust.
Here's one example:
http://www.youtube.com/watch?v=LefuP-b8hXo
You don't even have to buy hho generators you can make them, especially tiny ones for small engines are piece of cake easy.
If your engine has no 12v output like most tiny 2 strokes and you want to be more environmental, maybe to have people to think you're running used french fry oil, try castor based 2 stroke oil like castor 927 or something. It's distilled from a bean, mostly, they all have synthetic additives in them now too though. If you've never smelled castor before you will never forget how good it smells after your first try. Sweet sweet smell. I'll never run anything else, if I ever have a 2 stroke again, just because I love that smell ever since my days of sand dune riding on 2 stroke quads in the 90's. And hey, bean vs dinosaur...