EDIT: Let’s cool it with the downvotes, dudes. We’re not out to cut funding to your black hole detection chamber or revoke the degrees of chiropractors just because a couple of us don’t believe in it, okay? Chill out, participate with the prompt and continue with having a nice day. I’m sure almost everybody has something to add.
Carbon capture 🥀
Yes, an absolute scam. Perfect for a demonstration project for a big polluter to point at to discourage legislation that would threaten their business model. Not useful for reducing carbon emissions at scale.
I mean, carbon capture works but if people are not willing to pay 5$ extra to prevent the CO2 from being emitted then they sure as hell are not going to pay 50$ to capture it. And capturing will almost always be more expensive than not producing it.
Okay yeah that’s true. I should have been cognizant that not being economically viable / efficient enough does not mean it’s impossible/I don’t believe it’s real. Definitely works.
EU carbon permits shot up from €20 and have been hovering under €100 a tonne post-COVID. ~€200 is when existing direct air capture starts to become competitive. If it can be scaled at that price, we might be closer than we think.