* > 1 Billion dollars
* > 5 Million MWhr
Assuming 200 Kg/MWhr of CO2 emissions produced by electrical generation (I believe the average carbon intensity in the USA is over 400 Kg/MWhr) the emissions produced (just for the electricity to do the extraction) is 1 Million Tons of CO2.
Thus, it looks like with the current estimates the process costs 1 Billion dollars and doesn't reduce CO2 at all. Like ethanol, I wonder if this process will be worth it in the end. I don't know what raw materials it requires and how much CO2 is generated in their extraction and production. It's possible that your belief that at industrial scale the CO2 intensity and dollar cost will go down, but are you even accounting for the CO2 cost of manufacturing the facility, transportation of raw materials, etc.