2 ms·

At some point this will be like taking out the trash. Lots of money in making sure it's done right. Companies who can do this correctly and cheaply will be abl

• toomuchtodo 5y ago
  They can already charge for the service in jurisdictions with cap and trade. The two assumptions would be 1. Over time, the number of jurisdictions mandating cap and trade expands and 2. the cost to sequester decreases to meet reasonable cost per ton of emissions those who must emit pay. I've seen the "true cost" of CO2 emissions at around $50-$120/per ton, and Climeworks charges $600/ton to sequester a ton of CO2 underground (with a target price below $100/ton) in stable mineralization form. At some point, intersection between the two will occur. Anything that can shift away from CO2 emissions will, anything that can't will pay to have the emitted CO2 removed from the atmosphere. Critically, it should be required to prove that the CO2 captured and stored is, and not resold for other process use (soda carbonation, oil production improvement, etc). Captured CO2 must be sequestered.