The chemistry and energetics of the Criegee intermediate, a primary product of the ozonolysis of alkenes, are discussed in terms of recent ab-initio calculations and laboratory studies. The experimental observations in O3–alkene systems can be rationalized on the basis of a general mechanism: where the ? represents the range of internal excitation energies available to the planar dioxymethylenes (i.e., the Criegee intermediates) initially formed via exothermic O3-alkene reactions. Estimates are given for the rate constants of these reactions, and a critique is provided of the possible role of the Criegee intermediate and its isomers in the formation of alkanoic acid anhydrides in O3–alkene systems and in the formation of H2SO4 aerosols in O3–alkene–SO2 systems.