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I'm going to say yes, very much so. Remember the carbon here is coming from the atmosphere, so it's carbon neutral and won't contribute to climate change. If
by eloff 10y ago
I'm going to say yes, very much so.
Remember the carbon here is coming from the atmosphere, so it's carbon neutral and won't contribute to climate change.
If the process can be scaled up to produce a gallon of gasoline for less than the costs of extracting crude from the ground and refining it - then it will quickly kill off new investment into the fossil fuel extraction industry. As opposed to alternate energy technologies, like electric cars which will take a long time to replace internal combustion engine cars. It would use all of the existing infrastructure, so all it has to be is cheaper for market forces to work their magic.
That's a very big IF, however, so don't get your hopes up.