This is akin to saying (in the early 1900's) "Planes can only fly short distances, are very expensive, and can't carry any serious loads. It would just be better to put this money into trucking."
The industrial chemistry infrastructure required to drive this sequestration at the same scale literally doesn't exist by several orders of magnitude. Even worse, the tremendous power generation capacity to support that industrial chemistry infrastructure also doesn't exist. We're talking global GDP levels of CapEx just to build the infrastructure that would make it possible to build sequestration infrastructure that could remove CO2 on a reasonable time frame. Biomass requires none of this investment to operate at the same scales.
These prototypes of industrial sequestration are only pricing in the OpEx and the CapEx of the facility itself. At scale, you also have to pay for the creation of the entire supply chain from scratch -- the factories, power plants, mines, logistics, etc that allow these sequestration facilities to exist at the required scale. The only way the fully burdened cost remotely makes sense is in applications where none of this infrastructure needs to be built i.e. small scale applications. For global atmospheric CO2 reduction, the fully burdened cost of sequestering CO2 via industrial processes is never going to be viable due to industrial chemistry economics.
Industrial chemistry is not embarrassingly parallelizable.
To this I fully agree. This problem isn't going to be solved by industry. I'm not sure why people are putting that on the table. There is no incentive for them (unless you put huge carbon taxes on as well). This is really a thing where we have to cut our losses and say "It is cheaper to build these now than the cost of the damage of what happens if we don't." There's no industry incentive for that. But there is huge public and governmental incentive.
It would be great if it could feasibly scale but there is no science that supports that notion. Any chemical engineer worth a damn can figure that out on the back of a napkin.
Scaling is hard for industrial chemistry, same as with software, and it is only weakly parallelizable. The idea that we will take one of these prototypes and scale it a million-fold (literally) while increasing efficiency by 1-2 orders of magnitude is completely implausible for well understood boring engineering reasons. And even if we could do this, the economics are barely within the realm of plausibility.
Biomass, on the other hand, has math that works out (still expensive though).
What are you basing that math on?
At $100 per ton it's about 4 trillion dollars a year to capture all current emissions.
That's five percent of world GPD. And that's ignoring any attempt to reduce emissions, or to more efficiently capture carbon at power plants.
Even at the current price of $600 if we reduced emissions by half we could afford that.
And for land use, 40 billion / 1 million * 300 acres is 19k square miles, or one sixth of Nevada.
Would there be material shortages? Are all those prices fake?
The price is literally infinite at that scale as the resources do not exist.
Money can buy employees and manufacturing capacity. What are the things that would cost more per unit the more you buy?
There are finite supplies of everything. We've only every been able to do gigaton industrial chemistry when it was strongly thermodynamically favored; in this case we are trying to run it backward up a steep gradient. The chemical processes described would also require globally depleting mined chemicals that we also use to produce food.
We would need to manufacture several orders of magnitude more raw materials, including the entire upstream supply chain, than exists today. The actual scale is comparable to current global GDP for many of the proposed industrial plant solutions when scaled up. We simply don't produce the required chemicals, nor have the underlying resources to produce said chemicals, at anything remotely resembling those scales. No amount of wishful thinking will change that. I trained as a chemical engineer, I can do the math.
It isn't a problem of employees. We literally have no capacity to produce the upstream resources to feed these industrial designs at the required scale. The inputs to their process are not produced by magic. This is a fairly technical point but literally no one has offered a proposal for how the chemistry would scale to a level that would solve atmospheric CO2 this century.
It is a really hard problem. We are trying to run planetary scale thermodynamics backward. The amount of energy required is mind-boggling even in the most optimistic scenarios.
Grab a factor of ten from reduced emissions and another factor of 100 from tech improvements and it's still way out of reach
This single tiny test plant is capturing 4 thousand tons.
The number you read is wrong by miles.
If we look at $100 a ton and guess that half of that is power at 10 cents a kWh, we would need 20 petawatt hours per year. Current world production is 25 petawatt hours per year.
Their $100 per ton is extremely optimistic because it doesn't require building the upstream supply chain that can feed their processes at the required scale. It isn't like this is something that already exists, it all has to be built from scratch, is amortized into the cost per ton, and has much worse than linear scalability. I'm not sure how to accurately convey just how qualitatively inaccurate your perception of our capacity to do this at scale is.
Constructively, I'd like to see the argument that we can manufacture the potassium hydroxide at the scale required to sequester all 20th century CO2 in 20 years. The math, inputs, and capacity for the entire supply chain are public. There is much opportunity for rigor but even cursory analysis shows that it is not remotely feasible to effect CO2 sequestration this way even with heroic efforts. And that is under the most ideal of circumstances.
Wait, what? Biomass uses solar.
The industrial chemistry for sequestering CO2 is not that expensive in terms of mass ingredients (nothing rare or exotic), considering the scale, but it is extremely energy intensive and that is where most of the cost of sequestration comes from. If almost all of the sequestration cost is the cost of putting energy into the system then biomass has a massive cost advantage, literally orders of magnitude.
Someone who threw a ton of venture cash at "Air Freight Ltd." in 1913 or whatever would have lost their shirt.
Back to the point: I'm not saying this won't work. I'm saying that there are firm limits to how well it MUST work just to be better than technology that was proven out five millenia ago. That's a really high bar, and it needs numbers and not press hits.
I've done some further googling and found some studies on the topic, though on-land: https://cbmjournal.biomedcentral.com/articles/10.1186/1750-0... and some more from a presentation https://www.feem.it/m/events_pages/20167111127315Zeng_presen...
Though the question still remains how securely the CO2 would be stored under the ocean. Maybe with a large enough layer of rock on top it would suffice.. I suppose it's high time we started field trials on all these approaches.
My own back-of-napkin calc says that we'd need to cut about .1 to .2 % of tropical rainforests per year and remove them from the carbon cycle, not sure if that's right.
It would be as if someone started doing research on vacuum tube transistor technology today if we were having a global compute crisis and we also had limited amount of sand with which to make glass and sand was an essential resource in all sorts of other things like the food supply chain.
What impact on cities? Cities take up almost no space and are irrelevant when talking about planting forests and then sinking them in the ocean. At worst there will be more freight train noise.