Each facility will have a goal of scrubbing 1 million tons of CO2/yr.
However, we currently emit 30+ Billion tons of CO2/yr.
Each facility will have a goal of scrubbing 1 million tons of CO2/yr.
However, we currently emit 30+ Billion tons of CO2/yr.
Even just cutting the growth rate by half would do a lot, and it would give international bodies like the UN some footing to establish a carbon price. Right now the carbon market is highly illiquid; nowhere near enough people are able to manufacture credits. If you could guarantee that it's always possible to make more credits that changes the political and perhaps even economic dynamic.
Crowd-source it to municipalities and makers.
Don't get me wrong if they build a sink which can be deployed at a household level which is 80% efficient and a huge city one is only 90% efficient it might be worth going this route. But I suspect the numbers would be closer to 50% and 99% based on current technologies (granted I don't work in the sector I just read publications)
Forests also provide local cooling, improve the water cycle, and aid biodiversity. A world with forests is a healthier world.
Planting trees, harvesting them, and turning them by pyrolysis into biochar/charcoal and then burying it can partially restore these soils and sequester carbon at the same time.
That would just leave us where we're at right now, right? Even with emissions not increasing (unlikely...), we'd still need 60k just to decrease CO2 levels at the same rate... meaning it'd take several decades to bring them to acceptable levels. We'd probably need a few times that many facilities to be able to do this at the pace we need...
Still early days. We need to get 2x better at carbon removal every 12 months for the next decade to get to gigaton scale carbon removal.
See my note about AirMiners Boot Up below http://bootup.airminers.org
All this talk about scaling the technology to fully draw down carbon feels like an fantasy if we can't even proven the concept of keeping pace with our year-over-year growth.
The cost for most of these technologies right now is over $400 per ton, so that works out to $12 trillion.
Yikes.
Another way to look at it is that the GWP has an average growth rate of over 3%, so economic growth could continue even if the $3 Trillion spent per year was considered economically unproductive.