Author Topic: Technical Solutions - CO2 Removal  (Read 714 times)

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Offline kimmy

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Re: Technical Solutions - CO2 Removal
« on: November 27, 2017, 09:16:42 am »
What's the cost efficiency of however many species going extinct because of climate change?

Cost efficiency: what would be the benefits of spending say $1 billion on this kind of technology, vs the benefits of spending $1 billion on replacing outdated coal-burning equipment with new facilities based on cleaner power sources. The founder of this company himself says right now the more effective use of resources would be to deal with existing sources of emissions:

“You might say it’s against my self-interest to say it, but I think that, in the near term, talking about carbon removal is silly,” David Keith, the founder of Carbon Engineering, who teaches energy and public policy at Harvard, told me. “Because it almost certainly is cheaper to cut emissions now than to do large-scale carbon removal.”

So this is certainly an interesting technology and in the future it could be important.  But for the time being if the goal is reducing net emissions then the best cost/benefit ratio would come from cleaning up existing sources.

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