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I agree it's easy to spin it that way. But I do also think it's true that we can scale up CO2 capture and storage one or two orders of magnitude more quickly th
by semi-extrinsic 5y ago
I agree it's easy to spin it that way. But I do also think it's true that we can scale up CO2 capture and storage one or two orders of magnitude more quickly than we can scale up renewables. And we will need that capability.
Just take solar power in Europe as an example. It is projected that we need to install 300 GW of solar in the next three years. But the rate of new installations has been basically flat at about 20-25 GW per year for the past 10 years.
Or take wind - we are going to install 21 GW this year, but next year that number will decrease due to constraints in permits and transmission grid capacity. To meet climate targets we need to add at least 30 GW per year.
At this point it's simple math that renewables cannot be deployed quickly enough.