. @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
Searching for the numinous. Co-purveyor of https://quantum.country/
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. @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
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).
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.
Have you seen any evidence that it would be possible to get near $10/tCO2 for DAC? I’m assuming it’ll end up around $100/tCO2, which is still plenty cheap for producing carbon-negative fuel ($1/gal extra) for aviation etc.
I've no idea - as I think we've discussed previously, the tech is all over the place at the moment (see, e.g., the National Academies Report). My general impression is just that no-one's tried very hard, at scale - it's not a though billions of dollars have been put into this.
In particular, that report, linked in the Stripe post, lists a bunch of tech well below $100. But none is (yet) scalable.
Funny, I remember talking to a solar cell expert circa 2000. Almost every single thing he told me about limits is now off by substantial multiplicative factors. And he was regarded as a wild optimist.
All that is to say: my inclination is to hope ARPA-E et al will make small investments in dozens or hundreds of different directions, trying to drive progress. Maybe there's some intrinsic bottleneck, and after 20 years and a few billion we'll have little progress
But if there's a 10% chance of significant progress, that money will have been extremely well spent.
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