. @stripe's commitment on carbon sequestration. I hope a lot more companies start to do this: https://stripe.com/gb/blog/negative-emissions-commitment …pic.twitter.com/PAU81izx9L
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If the cost of scalable sequestration can be brought down to order $10^1 per tonne, then (US-wide) negative emissions starts to look comparable in cost to the Clean Air Act (according to the EPA's numbers).
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Of course, we're 1 to 2 orders of magnitude away from that price point today. But commitments like this will start to drive the price down, underwriting improvement in sequestration technology.
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This is an unalloyed good, kudos for taking this step. I wonder what the right ratio of investment in research vs paying for offsets is - we obviously should do way more of both.
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I wonder if one of the ways we can make progress is to do a DARPA style competition with a large enough price that ambitious researchers can justify tackling it.
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