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So. US $150 per ton, so $150B per gigaton. We must ultimately remove 1,000 gigatons of CO2, but we need to start with 10/year. Using this method will cost the
by jaybrendansmith 6y ago
So. US $150 per ton, so $150B per gigaton. We must ultimately remove 1,000 gigatons of CO2, but we need to start with 10/year. Using this method will cost the world $1.5 trillion per year. That seems completely within our resources. What's stopping us?
- ianai 6y agoI really wonder the same thing. I know I’m at a tail of the distribution, but I could see committing 150/mo of my own funds to sequestering co2. I’ve heard it posited that for one or another reason climate change could create a dictatorial regime one or another way. I hope humanity figures out a way to pull our collective heads out of the sand and start doing stuff before anything like a dictator kicks up...
- emteycz 6y agoTo the GP asking what's stopping us: 150 usd per month is a quarter of average wage here.
- simonebrunozzi 6y agoYou're correct, but let's say the target is 1/10th of it, or $15/month, therefore affordable by many. Still, there's something that prevents us, as a society, from doing it.
- ianai 6y agoWell I’ve seen at least one crowd fund project to sequester co2. It wasn’t particularly impressive scale though iirc.
- ISL 6y agoThere are sequestration projects out there already, as well as reforestation efforts. If you want to put your $150/mo to work today, you can! One might also consider putting that $150 toward eliminating inefficiencies somewhere in the world -- subsidizing renewable power or improving fuel efficiency in some way.
- philipkglass 6y agoThe same thing that has slowed efforts to curb emissions before they need removal: the free rider problem, or collective action problem. Every country benefits a little from one country's efforts to remove atmospheric CO2, and the non-participating countries don't pay anything. There's an incentive for every country to wait for some other country to take up the burden first. That said, I think that the cost of accelerated silicate weathering could drop significantly with further advances in automation. At some point individual governments or well funded NGOs may be able to make a dent in the global problem without waiting for everyone else to cooperate.