News for hackers. Stuff that matters.

A comment on Launch HN: Prometheus (YC W19) – Remove CO2 from Air and Turn It into Gasoline. Parent comment

Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by mshron on Monday May 06, 2019 @03:25PM (#19842828)
Solar is already down to $0.065/kWh for industrial applications [1]. That's $3.90/gallon at today's prices, and solar prices continue to fall.

The DOE's 2020 targets came three years ahead of schedule. Their 2030 target is $0.04/kWh [2], which would work out to $2.40/gallon. Mix in the fact that a bunch of countries (and US states) have implemented carbon taxes and you've got yourself a good long term investment.

[1] http://solarcellcentral.com/cost_page.html [2] https://www.energy.gov/eere/solar/articles/2020-utility-scal...

[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by ballenf on Monday May 06, 2019 @03:44PM (#19843021)
Do those figures include gas taxes? Don't those make up a large part of the price at the pump?
[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by NortySpock on Monday May 06, 2019 @05:46PM (#19844245)
In the US, gas taxes are low (I think I pay 15 cents per gallon tax on a total of $2.50 per gallon).

Taxes are low as here in the US (a) many people hate taxes and (b) with such a low population density, commerce is very reliant on road vehicles. So raising taxes has an outsized impact on commerce.

[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by TaylorAlexander on Monday May 06, 2019 @06:07PM (#19844421)
California has higher gas taxes. Our gas is currently about $3.70 a gallon where I live.
[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by malyk on Monday May 06, 2019 @08:41PM (#19845383)
$4.29 for premium yesterday in oakland.
[ Parent | on HN ]
Re:Launch HN: Prometheus (YC W19) – Remove CO2 from Air and ... by icelancer on Monday May 06, 2019 @11:28PM (#19846236)
About that in parts of Seattle as well. Which is low given a few year rolling average. We should expect gasoline prices to rise, and fast. So anything that starts to look into economically viable options at $7-10/gallon is worth checking into now in a startup phase.
[ Parent | on HN ]