3 ms·
That's a great start, but from my understanding that legislation stops at $50/ton, which is a problem. You really need it to keep ramping up to get the price d
by chris_va 7y ago
That's a great start, but from my understanding that legislation stops at $50/ton, which is a problem.
You really need it to keep ramping up to get the price discovery. It's possible that at $51/ton the problem would solve itself (e.g. someone sells a way to pull Co2 out of a flue-gas stack, which then becomes profitable and marches down the learning curve), but wouldn't occur at $50.
By itself, $50/ton would make a huge difference in the PV learning curve in the US, but since Canada has such a terrible generation profile it doesn't even help that much.
You might get lucky, but most analysis I've seen puts the initial price point optimistically at $70-80/ton (flue-gas), and $130/ton for the walk-away and be happy knowing you saved the earth solution (DAC). Before that point, it mostly just shifts around accounting.
- selimthegrim 7y agoWell no, I meant those provinces have opposing governments which might use the notwithstanding clause or some legal gambit to overturn it
- chris_va 7y agoYeah, that sort of thing can make a climate scientist sad :/