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It should be a bit more than $5000. However, prepare to be even angrier: Burning a gallon of gas generates 20lbs of CO2 (most of the weight is the O2), so 100
by hedora 3y ago
It should be a bit more than $5000. However, prepare to be even angrier:
Burning a gallon of gas generates 20lbs of CO2 (most of the weight is the O2), so 100 gallons produces a ton. Direct air carbon capture should cost roughly $100 per ton at scale, so the fee should be $1/gallon of gasoline (either at vehicle purchase or at the pump).
That’s completely affordable and lower than current gasoline taxes in many places.
If we made that one change (and funneled the revenue into carbon capture) existing ICE cars could be carbon negative in 5-10 years, and, as we phased them out (because EVs are just better) we’d have a clear path to pre-industrial atmospheric CO2.
- adrianN 3y agoWith what process can you capture and permanently store carbon from the atmosphere for that price?
- em500 3y agoThe EU mandates a minimum €0.36/L excise tax on gasoline, which is about $1.49/gallon. In practice many large countries like Germany, France, Italy already levy more than $3/gallon. But they certainly don't funnel the revenue into carbon capture.