2 ms·
Cost of CO2 capture: $100/ton or somewhere in that range - https://news.ycombinator.com/item?id=29217810 https://news.ycombinator.com/item?id=29217810 for discu
by yongjik 5y ago
Cost of CO2 capture: $100/ton or somewhere in that range - https://news.ycombinator.com/item?id=29217810 https://news.ycombinator.com/item?id=29217810 for discussion.
Global CO2 emission: about 35B ton per year globally.
Which gives us 3.5 trillion dollars per year, which is, surprisingly, less than the combined market cap of FAANG.
Hmm... so if all the shareholders of FAANG sells all their stocks and donate it to an international organization that use all the money for carbon capture, we may delay global warming by about a year. Not terribly bad, but not practical and I don't think it's sustainable. (Which company are you gonna sell the next year?)