Re:July was the hottest month ever recorded, according to Nasa
by gambiting on Tuesday August 23, 2016 @11:33AM
(#12344534)
You also have to keep in mind that it's this expensive because it's not done on a huge scale. If it was, the cost would very likely be much much lower than the quoted $150.
Re:July was the hottest month ever recorded, according to Nasa
by dredmorbius on Tuesday August 23, 2016 @01:19PM
(#12345421)
The costs are dominated by the chemical energy requirements, as I understand. They seem unlikely to fall greatly.
The world is dumping 38 billion tonnes of CO2 into the atmosphere every year. (I'll ignore the additional gigatonnes we've already committed.)
That's $2.6 trillion per year for sequestration, just to stay even. (The value's actually lower than I'd expected.)
For comparison, global GDP is about $70 trillion, so this is 3% of global GDP.
http://www.cbsnews.com/news/carbon-dioxide-emissions-rise-to...
https://en.m.wikipedia.org/wiki/Carbon_sequestration