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Re:What if carbon removal becomes the new Big Oil? by perfunctory on Sunday July 26, 2020 @06:31AM (#23956008)
I can't see how CCS (carbon capture and storage) can ever be viable economically. It's pure expense. Why would anyone agree to pay for it. And if we mandate it wouldn't it make fossil products way too expensive and therefore uncompetitive? They are already losing to renewables in some regions.

edit: I just don't see the logic in shitting around and then paying somebody to clean up the shit. It's much easier to just stop shitting.

Re:What if carbon removal becomes the new Big Oil? by fulafel on Sunday July 26, 2020 @06:48AM (#23956071)
Just like garbage disposal, we just regulate a market into existence and make co2 emitters or fuel producers pay for it.

If it reduces emissions by reducing fossil demand, that's fine too.

Re:What if carbon removal becomes the new Big Oil? by bufferoverflow on Sunday July 26, 2020 @07:51AM (#23956381)
So you force people to pay for it, instead of people wanting to pay for it. That's the major difference. People want gasoline or gas. People don't want to pay for CO2 removal, because they don't get anything back immediately - maybe a slightly cooler planet and better biosphere 50 years in the future.
Re:What if carbon removal becomes the new Big Oil? by wyattpeak on Sunday July 26, 2020 @08:26AM (#23956596)
I think it's too strong a claim that people don't want it. They don't particularly want to spend money on it, but they do want it to happen. It's one of the things I think is really useful about taxes: they allow us to justify (to ourselves) spending we wouldn't on a case-by-case basis.

If someone asked me if I wanted to contribute to a new freeway in my city that I'm not going to use directly, no I don't, the marginal benefit to me is too slight. But I appreciate having sophisticated infrastructure, and when I see infrastructure spending on the budget, I'm more or less content with it.

By the same token I don't for example pay for trees to be planted for every ton of CO2 I generate, but I'm happy for my taxes to go towards addressing the issue. If someone asked me if I'd like a tax break on the condition that it came out of that line-item, I wouldn't.

Re:What if carbon removal becomes the new Big Oil? by rschneid on Sunday July 26, 2020 @10:29AM (#23957279)
I wholeheartedly agree! I think this is a stumbling block that all too many folks encounter and then give up on seeing the idea as a solution to climate change altogether, but there's a rather clever fellow named Klaus Lackner who frames the solution in precisely these terms. Air Capture is a waste removal problem with financially viable solutions today... It's really just about getting the right diffusion of cost.

I found out about him and his uplifting work through an appearance on the podcast Manifold [1]. But you can also learn about his research directly through ASU [2, 3].

Personally, it made me feel like the problem was far more tractable than I previously intuited.

[1] https://manifoldlearning.com/episode-040/ [2] https://asunow.asu.edu/20190429-solutions-lackner-carbon-cap... [3] https://cnce.engineering.asu.edu/

Re:What if carbon removal becomes the new Big Oil? by D895n9o33436N42 on Sunday July 26, 2020 @11:09AM (#23957584)
> People want gasoline or gas. People don't want to pay for CO2 removal, because they don't get anything back immediately - maybe a slightly cooler planet and better biosphere 50 years in the future.

I don’t want gas; I want some means to propel my car from A to B. I’ll choose the most economically practical option, gas being the currently most available one. I live in Florida, so the “underwater in 50 years” meme hits very close to my home: about 3km away, to be precise. Lots of people will see the incentive to use less gas, or to pay for carbon sequestration in the absence of a non-gas option.

[dead]
Re:What if carbon removal becomes the new Big Oil? by D895n9o33436N42 on Sunday July 26, 2020 @11:38AM (#23957847)
Stop cutting part of my sentence to present it out of context.
Re:What if carbon removal becomes the new Big Oil? by thekyle on Sunday July 26, 2020 @12:27PM (#23958175)
Do people really use gasoline for heating and AC? I've never seen that. Also can't the rest of those things just use an alternate fuel.
Re:What if carbon removal becomes the new Big Oil? by jimmaswell on Sunday July 26, 2020 @12:38PM (#23958251)
Closest I can think of is propane. It's occasionally used for home heating and more rarely for refrigeration.
Re:What if carbon removal becomes the new Big Oil? by macspoofing on Monday July 27, 2020 @08:35AM (#23964469)
>Do people really use gasoline for heating and AC?

No. I meant fossil fuels in this case (specifically natural gas).

>Also can't the rest of those things just use an alternate fuel.

We currently have no alternative to fossil fuels for cargo ships and airplanes.

Re:What if carbon removal becomes the new Big Oil? by ryder9 on Sunday July 26, 2020 @01:40PM (#23958690)
natural gas is used for heating, and for the time being it's more energy efficient to heat using natural gas directly than using electricity from generated from the grid which for me is a mix of nuclear hydro & natural gas
Re:What if carbon removal becomes the new Big Oil? by Teever on Sunday July 26, 2020 @12:25PM (#23958157)
People don't want gasoline or gas. They're dangerous, toxic chemicals. People want these things because of what they get them. They want gasoline and gas because they want to go somewhere or heat a house.
Re:What if carbon removal becomes the new Big Oil? by orbifold on Sunday July 26, 2020 @08:00AM (#23956430)
Well that is what governments are for, no-one really wants to pay for tanks and aircraft carriers either. But politicians have managed to convince the public that it is in their best interest to do so.
Re:What if carbon removal becomes the new Big Oil? by an_ko on Sunday July 26, 2020 @08:02AM (#23956447)
Isn't a cooler planet in 50 years worth some amount of money?

Nobody _wants_ to pay for trash removal or a sewage system either, because they don't get anything back immediately—maybe a slightly less smelly neighbourhood in a few weeks. The only difference with CO₂ is scale.

Re:What if carbon removal becomes the new Big Oil? by neutronicus on Sunday July 26, 2020 @11:41AM (#23957879)
It's hard to express how strongly my wife feels about wanting trash gone. She in fact often comes up with schemes to pay to get rid of it before the city will do it for free
Re:What if carbon removal becomes the new Big Oil? by dmoy on Sunday July 26, 2020 @12:10PM (#23958070)
Your city trash is free? We pay like $350-$450/year for city trash.
Re:What if carbon removal becomes the new Big Oil? by neutronicus on Monday July 27, 2020 @05:55AM (#23963629)
We rent so I think it's included.

Sunk is more accurate than free, though.

Re:What if carbon removal becomes the new Big Oil? by bufferoverflow on Sunday July 26, 2020 @08:33AM (#23956630)
Depends on where you are. I'm sure Russians or Canadians wouldn't mind warmer weather.
Re:What if carbon removal becomes the new Big Oil? by magicalhippo on Sunday July 26, 2020 @10:26AM (#23957250)
Warmer planet does not imply just warmer weather.

The average of (4, 5, 5, 6) is 5. The average of (1, 2, 9, 9) is 5.25.

Re:What if carbon removal becomes the new Big Oil? by kevinmchugh on Sunday July 26, 2020 @10:21AM (#23957209)
Are folks in Siberia big fans of the 100F days and the massive wildfires they've been having this summer?
Re:What if carbon removal becomes the new Big Oil? by andybak on Sunday July 26, 2020 @08:48AM (#23956699)
Yes but they won't like all the second order effects that come with it.
Re:What if carbon removal becomes the new Big Oil? by eloff on Sunday July 26, 2020 @01:55PM (#23958807)
While most Canadians would love warmer weather, we also are strongly against climate change. It is just such a bag of negative consequences for the whole planet.
Re:What if carbon removal becomes the new Big Oil? by xenocratus on Sunday July 26, 2020 @09:33AM (#23956946)
Would they mind losing a lot of trade because other countries have to deal with climate change and hence can't spend more to buy Russian or Canadian products?
Re:What if carbon removal becomes the new Big Oil? by Zigurd on Sunday July 26, 2020 @08:21AM (#23956566)
Rephrase the above as "so you force people not to destroy the planet for their own immediate gratification" and it seems more reasonable.

Laws and treaties ended leaded gas, atmospheric nuclear testing, and markets for several industrial chemicals with global impacts. Future archeologists will be able to date these legal constructs by the concentration of these chemicals, or radioisotopes, and their effects, in layers of rock and soil.

Re:What if carbon removal becomes the new Big Oil? by fulafel on Sunday July 26, 2020 @08:36AM (#23956648)
Well, that's semantics. People would currently prefer free gasoline too but are "forced" to pay for it or be called thieves and be chased by police.
Re:What if carbon removal becomes the new Big Oil? by isoskeles on Sunday July 26, 2020 @12:30PM (#23958199)
People who steal things aren't just "called" thieves. They are thieves. In some cases, they can even get away with not paying for gasoline (or other things), not get caught, never get called a thief, yet they still are, definitionally, thieves.
Re:What if carbon removal becomes the new Big Oil? by MiroF on Sunday July 26, 2020 @01:16PM (#23958496)
> they still are, definitionally, thieves.

Depends on whether you assume the background property arrangements are valid. We call them a thief because we call this gasoline owned by this group of people we call a company.

Some other group of people might call everyone who buys gasoline thieves since they profit off of the negative externality they leverage on the rest of society.

It's all a matter of what you view as neutral and objective and what you view as a violation of others rights.

Re:What if carbon removal becomes the new Big Oil? by fulafel on Sunday July 26, 2020 @01:13PM (#23958484)
Yes, according to our current cultural conventions. It's all subject to rules we define as a society.
Re:What if carbon removal becomes the new Big Oil? by CraigJPerry on Sunday July 26, 2020 @08:05AM (#23956471)
Is it a bad thing to force people who use a commodity to pay for its cleanup? A carbon tax or whatever.
Re:What if carbon removal becomes the new Big Oil? by bufferoverflow on Sunday July 26, 2020 @08:36AM (#23956643)
I didn't say it's bad, but it's quite different from a product people actually want to buy voluntarily.

I think carbon emitters should be the ones paying. Otherwise you privatize the profits and socialize the cleanup expenses.

Re:What if carbon removal becomes the new Big Oil? by gruez on Sunday July 26, 2020 @10:14AM (#23957164)
>I think carbon emitters should be the ones paying. Otherwise you privatize the profits and socialize the cleanup expenses. .

Isn't that exactly what the parent comment proposed?

>Is it a bad thing to force people who use a commodity to pay for its cleanup?

Re:What if carbon removal becomes the new Big Oil? by perl4ever on Sunday July 26, 2020 @12:41PM (#23958272)
It sounds like you are saying it makes a difference whether a carbon tax is billed separately to you the consumer. I'm doubtful.

My impression is an economist would tell you that it theoretically doesn't matter that much if you tax the consumer or the producer. It's like US payroll taxes - does it make a difference how the tax is split between employer and employee? The real question is who is forced to absorb the cost, and theoretically that isn't determined by who pays from an accounting perspective - it's a red herring.

Often people insist without evidence that someone who will pay a tax can or cannot pass it through, whichever is convenient to argue against it, when the real answer is probably "it's complicated" and the entity taxed is not in control.

I think this is the Wikipedia page describing the phenomenon I'm fumbling at:

https://en.wikipedia.org/wiki/Tax_incidence

"The theory of tax incidence has a number of practical results. For example, United States Social Security payroll taxes are paid half by the employee and half by the employer. However, some economists think that the worker bears almost the entire burden of the tax because the employer passes the tax on in the form of lower wages. The tax incidence is thus said to fall on the employee.[2] However, it could equally well be argued that in some cases the incidence of the tax falls on the employer. This is because both the price elasticity of demand and price elasticity of supply effect upon whom the incidence of the tax falls"

I'm thinking this also is related to the recent political arguments over who pays US tariffs.

Re:What if carbon removal becomes the new Big Oil? by thatcat on Sunday July 26, 2020 @11:40AM (#23957866)
Yes people don't want to pay property taxes either. That's the point of taxes, to force people to pay for the externalities of their purchases. The carbon capture is a part of the gas price. The package recycling cost is a part of the product price. The only way to make an economy sustainable long term is forcing people to pay the true price for their purchase rather than forcing future people to subsidize their decisions.
Re:What if carbon removal becomes the new Big Oil? by amiga_500 on Sunday July 26, 2020 @10:10AM (#23957144)
Everyone is forced to pay for it because polluters created the problem.
Re:What if carbon removal becomes the new Big Oil? by goatlover on Sunday July 26, 2020 @12:44PM (#23958291)
Everyone makes use of polluting technologies.
Re:What if carbon removal becomes the new Big Oil? by amiga_500 on Sunday July 26, 2020 @01:57PM (#23958827)
Not to the same degree. Including the externalities in the cost would make sure those who pollute more pay more.
Re:What if carbon removal becomes the new Big Oil? by mcnichol on Sunday July 26, 2020 @11:05AM (#23957563)
This is the point.

Using gas is like eating dessert first. This is just forcing vegetables as part of the equation.

There will be a carbon tax because people are too short-sighted in identifying long-term impact because - "It doesn't hurt me."

It does...you are just too dense to notice.

Re:What if carbon removal becomes the new Big Oil? by tomrod on Sunday July 26, 2020 @12:37PM (#23958248)
Hey now. The characterization at the end is uncalled for.

To your point, using gas causes externalities. We know how to address externalities broadly. But the political will is lacking due to anti science proponents.

Re:What if carbon removal becomes the new Big Oil? by jmvoodoo on Sunday July 26, 2020 @11:24AM (#23957694)
So more like social security for the planet?
Re:What if carbon removal becomes the new Big Oil? by fsloth on Sunday July 26, 2020 @08:09AM (#23956492)
That's what governments do. Force people based on political process. Really, free market is more of a illusion than a model of how the world works (never mind what libertarians may fantasize).
Re:What if carbon removal becomes the new Big Oil? by raverbashing on Sunday July 26, 2020 @08:00AM (#23956431)
You needed to have a counterpoint to people paying

For example: carbon-captured or carbon-neutral fuels have a tax advantage (or even subsidies).

The infrastructure around fossil fuels is big, if you can have a carbon-compensated equivalent to that it could be viable.

Re:What if carbon removal becomes the new Big Oil? by brightball on Sunday July 26, 2020 @10:35AM (#23957330)
Garbage disposal has arguably made creation of waste more convenient.
Re:What if carbon removal becomes the new Big Oil? by biswaroop on Sunday July 26, 2020 @12:19PM (#23958114)
This is a great point. Also related: garbage disposal isn't as lucrative as the business of making garbage.
Re:What if carbon removal becomes the new Big Oil? by perfunctory on Sunday July 26, 2020 @07:01AM (#23956126)
> and make co2 emitters or fuel producers pay for it.

if only this was the case. I am afraid it will instead be subsidised by the tax payer.

Re:What if carbon removal becomes the new Big Oil? by buran77 on Sunday July 26, 2020 @07:28AM (#23956272)
This might also have the desired effect. Increasing the price of a product would make it less desirable. Unless those companies have enough power to lobby and keep adjusting regulations in their favor (hidden subsidies, additional roadblocks for competitors, etc.).
Re:What if carbon removal becomes the new Big Oil? by cameronbrown on Sunday July 26, 2020 @07:51AM (#23956378)
Either way we're spending more because free work doesn't come from nowhere. Mass carbon cleaning will drive the price up on everything.
Re:What if carbon removal becomes the new Big Oil? by DennisP on Sunday July 26, 2020 @10:00AM (#23957096)
Damage from climate change won't exactly be free either. We're already starting to pay those costs.
Re:What if carbon removal becomes the new Big Oil? by TheSpiceIsLife on Sunday July 26, 2020 @06:56AM (#23956105)
You mean we make end-users pay for it.

But your wider point stands: behavioural change via financial incentives.

Re:What if carbon removal becomes the new Big Oil? by comicjk on Sunday July 26, 2020 @10:22AM (#23957223)
In practice, both producers and consumers will pay, because demand for fossil fuels has some elasticity: higher prices mean lower sales. This yields an equilibrium at which consumers pay somewhat more, but also buy somewhat less, and producers eat some of the cost in terms of lower profits and lower value of their companies.
Re:What if carbon removal becomes the new Big Oil? by hurxnid on Sunday July 26, 2020 @07:58AM (#23956421)
Yep. Until it costs $4000 a month to heat your home people will not stop doing it.
Re:What if carbon removal becomes the new Big Oil? by fulafel on Sunday July 26, 2020 @08:13AM (#23956517)
There are many good ways of keeping homes warm without fossil fuels.

The projected cost of ccs is much less than $4000/mo even for a oil heated home though.

Re:What if carbon removal becomes the new Big Oil? by petre on Sunday July 26, 2020 @09:07AM (#23956791)
Yup. Nuclear. It works for France.

But now they closed down Fessenheim so more coal would be burned. Thank you Greens, thank you Hollande!

https://www.sustainability-times.com/expert/a-safe-and-profi...

Re:What if carbon removal becomes the new Big Oil? by Gwypaas on Sunday July 26, 2020 @08:36AM (#23956649)
Since these [0] work in Scandinavia heating will only ever be a problem you choose to have.

[0]: https://en.wikipedia.org/wiki/Passive_house

Re:What if carbon removal becomes the new Big Oil? by refurb on Sunday July 26, 2020 @11:09AM (#23957587)
Your article says those houses still need heating, just less than typical.
Re:What if carbon removal becomes the new Big Oil? by Gwypaas on Sunday July 26, 2020 @12:28PM (#23958184)
Rather little, and with district heating it's a non-issue. You can make it a "plus house", producing more energy than what it consumes using solar panels.

My point rather was that living in a really old badly insulated house or a place with horrendous building standards is a choice, and that has to cost something and not be what we aim for when alternatives are easily possible and has been for decades.

Re:What if carbon removal becomes the new Big Oil? by hurxnid on Sunday July 26, 2020 @07:57AM (#23956417)
Gasoline is now 40 dollars a litre.
Re:What if carbon removal becomes the new Big Oil? by burke on Sunday July 26, 2020 @01:33PM (#23958630)
Nope. 1L of gasoline produces 2.3kg of CO2 (3ish if you include production and transportation). That’s about 5.4 US cents in high quality offsets (CAD$24/ton on less.ca), or US$3/L for active carbon capture with today’s experimental technology (based on $1000/ton, can’t remember where I got this number or which currency it’s in, and it’s a year old)
Re:What if carbon removal becomes the new Big Oil? by gruez on Sunday July 26, 2020 @10:17AM (#23957179)
Is this a reasonable estimate, or are you trying to dismiss something by hyperbole?
Re:What if carbon removal becomes the new Big Oil? by glogla on Sunday July 26, 2020 @08:11AM (#23956506)
Is that a fair price based on how it damages the planet? If so, why not?
Re:What if carbon removal becomes the new Big Oil? by Jetroid on Sunday July 26, 2020 @08:14AM (#23956520)
Gasoline is now 40 dollars a barrel.
Re:What if carbon removal becomes the new Big Oil? by jcranmer on Sunday July 26, 2020 @09:57AM (#23957081)
Crude oil is 40 dollars a barrel. Gasoline is about 80-90 dollars a barrel (= 42 gallons).
Re:What if carbon removal becomes the new Big Oil? by kayaeb on Sunday July 26, 2020 @07:29AM (#23956279)
Is it though?

Renewables that are popular now, like solar and wind, are weather dependent, which means the grid needs to handle variable input, which it's not designed to do and would need major fixing. Also means you need to store the energy for when it's not abundant, Germany does this by pumping water into mountain lakes to produce hydro on demand, but they've run out of lakes, so you need batteries. Batteries of a grid-size magnitude need carbon-expensive materials and have their own plethora of problems.

These two problems are only feasibly conquerable in a reasonable timescale by a few countries, for others they are prohibitively expensive, far beyond the small subsidies proposed in things like the Paris Accord. Now, sure, USA, Europe could implement these, but it's not going to fix the problem if Asia, Africa don't, and additionally it's going to add significant economic and geopolitical pressure between these nation-blocs, those who are hamstringing themselves and those who aren't.

Hydro has serious geopolitical issues as fresh water supplies grow more tactically necessary, consider Egypt / Ethiopia right now with the Nile, or China's tibetan plateau snow-seed cannons to capture water before it reaches India.

Tidal has extremely short lifespans, any moving system in salt water is difficult to keep going for more than a few years.

Geothermal is good, but also one of the most expensive and a bit of a "slow burner," not going to be powering anything serious with that without sinking billions into the plant.

The only real solution I see is nuclear, but that's a naughty word for some reason.

Re:What if carbon removal becomes the new Big Oil? by fsloth on Sunday July 26, 2020 @08:07AM (#23956488)
As near future sci-fi options go from 100ft up I don't see anything too problematic with hydrogen economy. Except for transport infrastructure.

Or, we remain with carbon based fuels, except they are synthesized from atmospheric carbon in regions with plenty of solar energy.

These approaches surely have challenges, but I would like to know what are the biggest ones?

Re:What if carbon removal becomes the new Big Oil? by Zigurd on Sunday July 26, 2020 @08:17AM (#23956538)
Ammonia is more practical than hydrogen. Just not as sexy. Should be rebranded as the "hydrogen-nitrogen economy."
Re:What if carbon removal becomes the new Big Oil? by petre on Sunday July 26, 2020 @09:04AM (#23956772)
Ammonia has issues like being toxic and higlhy volatile.

I think DME has some potential as an alternative fuel because it can be produced through CO2-to-DME hydrogenation or by using syngas/manure and burned in cleaner diesels (no particulate emissions).

Re:What if carbon removal becomes the new Big Oil? by dragonwriter on Sunday July 26, 2020 @10:10AM (#23957146)
> Renewables that are popular now, like solar and wind, are weather dependent, which means the grid needs to handle variable input, which it's not designed to do and would need major fixing.

Non-renewable plants have variable output even if it is not dependent on weather, and the grid in fact deals with variations in total and per-plant inputs whether or not solar or wind is attached. If there are problems with that, the need to address them is independent of the use of solar and wind.

Re:What if carbon removal becomes the new Big Oil? by kayaeb on Sunday July 26, 2020 @10:33AM (#23957312)
Not on the scale of "we need to move the bulk of the energy from Texas to New York for 3 hours, then when the sun sets shift state-level power supply routing from the cornbelt to cover the drop."

Handling a plant going offline is totally different from the logistics of shuttling variable regions of production across the entire country.

Re:What if carbon removal becomes the new Big Oil? by dragonwriter on Sunday July 26, 2020 @02:43PM (#23959162)
> Not on the scale of "we need to move the bulk of the energy from Texas to New York for 3 hours, then when the sun sets shift state-level power supply routing from the cornbelt to cover the drop."

Sure, but that's why you favor a regionally balanced mix of renewables, with regional peaker plants (which may not be clean/renewable, but are better than relying on dirty sources for your core needs) not geographic concentration of single sources.

Re:What if carbon removal becomes the new Big Oil? by wlll on Sunday July 26, 2020 @10:17AM (#23957176)
> The only real solution I see is nuclear, but that's a naughty word for some reason.

I am sure that if you put your mind to it you can think of some reasons people might feel uneasy about nuclear power. It’s not like incidents involving it are that far in the past.

Re:What if carbon removal becomes the new Big Oil? by kayaeb on Sunday July 26, 2020 @10:31AM (#23957296)
if you look up deaths by energy production method, nuclear is far and away the safest, in every single country by orders of magnitude, even wind is deadlier.
Re:What if carbon removal becomes the new Big Oil? by pfdietz on Sunday July 26, 2020 @08:15PM (#23961173)
The claims that solar and wind are deadlier use cooked statistics (very old numbers for wind, and dodgy assumptions about rooftop solar that don't apply the utility-scale fields that are now dominating).
Re:What if carbon removal becomes the new Big Oil? by kayaeb on Monday July 27, 2020 @01:05AM (#23962381)
I'm not sure if "accidents" count as "cooked" statistics... modern nuclear plants are much safer than 20th century ones as well, so if we're updating numbers I think nuclear is still an extremely safe contender (and if you split nuclear deaths by country, USA is an order of magnitude again safer than all nuclear). Maybe I misinterpret what you mean by cooked though, I would be interested in reading more about it, if you have a good piece? Wind also relies on pizoelectric elements, I'm not sure what their carbon footprint is compared to nuclear fuel, probably would be less in the future if like CA/OZ stepped into the rare-earth supply chain.

And new types, like thorium salt reactors don't have classical issues like uranium waste products and much much smaller possibility of runaway reactions. And France has been "5 years away" from fusion reactors for like 30 years on a shoestring budget, with real money that could be a possibility in maybe another 30 years and also dodges all the horror-story problems.

Overall, I agree, modern solar, especially reflector-steam plants shouldn't be lumped in with silicon panels, especially when talking about total carbon footprint. But I do think nuclear carries a lot of unfair baggage that has kept us on oil for way longer than we should have been.

Re:What if carbon removal becomes the new Big Oil? by GekkePrutser on Sunday July 26, 2020 @02:03PM (#23958877)
Right now yes. But we're creating waste that remains harmful for thousands of years and store it in facilities with a 100-year service life.

It's the same kind of "leaving problems to the next generation" of current fossil-fuel use except this one is a lot more generations away.

Re:What if carbon removal becomes the new Big Oil? by kayaeb on Monday July 27, 2020 @02:07AM (#23962591)
This isn't the case with thorium salt reactors or, if we had enough funding to finally crack it, fusion.
Re:What if carbon removal becomes the new Big Oil? by kvetching on Sunday July 26, 2020 @09:58AM (#23957085)
Renewables are crony capitalism. Without consistent government subsidies, incentives, grants, etc...they are not profitable.
Re:What if carbon removal becomes the new Big Oil? by dragonwriter on Sunday July 26, 2020 @10:06AM (#23957130)
No, renewables are public goods as they have positive net externalities, that is, a substantial share of the benefits of their use accrues to people outside the transaction. Well, relative to fossil fuels, at least; it's more accurate to say that fossil fuels are public harms with a substantial net negative externality.

Government action in the form of subsidizing the former and/or taxing the latter is necessary to internalize the externalities so that the relative net cost (benefit) is born by (accrues to) the participants in the transaction.

https://en.m.wikipedia.org/wiki/Pigovian_tax

Re:What if carbon removal becomes the new Big Oil? by amiga_500 on Sunday July 26, 2020 @10:02AM (#23957113)
Fossil fues are subsidized because the users don't pay the true cost.
Re:What if carbon removal becomes the new Big Oil? by VyperCard on Sunday July 26, 2020 @10:15AM (#23957169)
Yeah they are also directly subsidized.
Re:What if carbon removal becomes the new Big Oil? by waihtis on Sunday July 26, 2020 @06:45AM (#23956058)
Heres an example where economic benefits and carbon capture are aligned https://en.m.wikipedia.org/wiki/Pyrogenic_carbon_capture_and...
Re:What if carbon removal becomes the new Big Oil? by waihtis on Sunday July 26, 2020 @06:47AM (#23956065)
Also (expert beginner warning) apparently soil fertility is a huge issue by itself due to heavy-duty agriculture being very depletive on soil quality.

On paper it looks like a huge win-win.

Re:What if carbon removal becomes the new Big Oil? by walleeee on Sunday July 26, 2020 @09:16AM (#23956847)
Yes. Crops themselves can also sequester carbon in soil. There is active research in this area, to tweak the genetics of common crops for deeper roots to increase carbon uptake and improve resilience to drought.
Re:What if carbon removal becomes the new Big Oil? by Melting_Harps on Sunday July 26, 2020 @08:37AM (#23956654)
> Also (expert beginner warning) apparently soil fertility is a huge issue by itself due to heavy-duty agriculture being very depletive on soil quality.

Very.

And Food Security will be a huge issue moving forward in the 21st Century, as seen with COVID Pandemic shortages it can occur very quickly and have dire consequences due to its centralized and broken networks; also it occurred not because farmers cannot produce the product but because they cannot deliver the product to Market, which leads to Global supply chain disruptions.

The consequences of soil depletion is such that the recovery/remediation costs are so high that its far more affordable to deplete/contaminate the area and recover your costs for the inputs via subsidies and cash crops then it is to undertake sustainable Ag. This is model is soon (if it hasn't already) to run out time as unpredictable weather patterns and climate change are distorting what was the 'status quo.' I've seen it in Switzerland where arable farm land is limited and has a huge premium, one of the farmers I knew bought a 5 hecatre plot of land (I forget the crop) from a conventional farmer adjacent to his livestock grazing plot and home that due to pesticide and artificial fertilizer use had become sterile and unable to yield anything of value. The Farmer sold it to him for a pittance, and the continued to put over 15 million CHF to recover the soil over 25 years, incrementally he decided to plant an apple orchid as he went along, until eventually it was completely done via a Biodynamic approach. I saw it and worked in it on its 28th season, and it was quite the experience but was taken away by the cost only to realize that is perhaps the more accurate costs of remediation costs and that what we've been doing has been the artificially suppressed costs of horrible ecological damage that will soon have to be paid.

Just look at China, they're being pounded with floods compounded with COVID, a recent Swine Flu epidemic, and possible Bubonic Plague outbreak in Mongolia all which can impact and require the culling of large scale livestock, which in turn can impact the effects (capacity to carry costs of a farm) of horticulture as well.

Honestly, this reset needed to happen, and I just hope the West (unlike China who has actually had to spend 100s of billions in its contaminated farm land) has the Good Sense to be proactive about this and lead the way, because a significant amount of the Extinction Rebellion Gen Z kids era don't care or want the Carbon-based economy and are already opting out of School model entirely--labor and passionate talent is what is needed the most in that equation, the rest is pretty much already there its just a matter of collective Will.

Which means that unfunded-liabilities like SS and retirement funds, and pensions that rely on consumer based economies and taxes are not just unsustainable they're ready for imminent collapse due to the mass-unemployment and significant contraction in the consumer-based economy. I've come to realize that the Stock Market is essentially all smoke and mirrors, and doesn't reflect much of anything but a real-time gauge of 'how rich people happen to feel that day' and is mainly done with HFT based algorithms. (To base Food on this metric is absolute folly and should revert to a local economic model on a city level.)

Even being a big Tesla proponent, there is no way in hell why Tesla stock price reflects reality and could/should displace Toyota Motors in any way shape or form. Just the sheer scale of Toyota based cars they produce per year dwarfs Tesla's current and foreseeable supply combined, let alone those already on the roads now all over the World which is massive, and I imagine they could/will remain past the critical mass effect of EV because of their very high QC/QA, something Tesla has never actually been able to figure out and has overcome that shortcoming with Brand 'clout.'

So to summarize, its not just on paper: it has to happen as a matter of survival.

Re:What if carbon removal becomes the new Big Oil? by iagovar on Sunday July 26, 2020 @07:29AM (#23956276)
Hmm, this looks realy interesting. As there are experts in any field here in HN, could this become a mitigation solution for the phosphates problem?
Re:What if carbon removal becomes the new Big Oil? by comicjk on Sunday July 26, 2020 @10:29AM (#23957277)
It would help, by increasing the bioavailability of phosphorous in the soil. Review article about it: https://www.nature.com/articles/s41598-019-45693-z
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @11:20AM (#23957670)
Biochar is too little, too late, last I checked. That doesn’t mean it shouldn’t be done though.
Re:What if carbon removal becomes the new Big Oil? by skummetmaelk on Sunday July 26, 2020 @06:42AM (#23956045)
Military hardware is big business because governments want to ensure survival of their nation. The same will happen with carbon removal. The longer we fail to reduce emissions the bigger the boom will be.
Re:What if carbon removal becomes the new Big Oil? by wrren on Sunday July 26, 2020 @07:41AM (#23956333)
A key difference there is that paying for your own military directly benefits your interests, whereas countries can engage in a race to the bottom with carbon removal wherein they rely on others to shoulder the burden while still enjoying the benefits.
Re:What if carbon removal becomes the new Big Oil? by pintxo on Sunday July 26, 2020 @07:48AM (#23956363)
For the USSR, the cold war arms race ended at the bottom. Not sure it benefited them in any way.
Re:What if carbon removal becomes the new Big Oil? by dwaltrip on Sunday July 26, 2020 @08:01AM (#23956438)
It’s the ultimate tragedy of the commons.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @11:21AM (#23957677)
If that theory were panning out, NYC would be building carbon capture plants instead of sea walls.
Re:What if carbon removal becomes the new Big Oil? by gridlockd on Sunday July 26, 2020 @09:24AM (#23956887)
> I can't see how CCS (carbon capture and storage) can ever be viable economically.

Taxes.

Carbon emissions are externalities, regulating them is entirely compatible, if not mandatory, with maintaining a free market.

> Why would anyone agree to pay for it.

Why do you agree to pay taxes? Oh wait, you don't. You are forced to pay them.

> And if we mandate it wouldn't it make fossil products way too expensive and therefore uncompetitive?

Isn't that what you'd want?

> They are already losing to renewables in some regions.

"Some regions" are just low-hanging fruit.

> I just don't see the logic in shitting around and then paying somebody to clean up the shit. It's much easier to just stop shitting.

Only if you stop eating, which you would probably be forced to do if you were to give up on hydrocarbon-based products such as fertilizer. Also, you'll die.

Alternatively, if you were to just "shit somewhere else" instead, you will need a way to store and transform that shit. That's exactly what carbon sequestration is.

Re:What if carbon removal becomes the new Big Oil? by jellicle on Sunday July 26, 2020 @08:51AM (#23956712)
I believe the general idea now is that oil companies will pay for it as a fig leaf. Dig up 1000 tons of oil, pay for one ton of carbon capture, runs lots of commercials about your environment-friendliness, profit.
Re:What if carbon removal becomes the new Big Oil? by grej on Sunday July 26, 2020 @10:21AM (#23957213)
I’ve wondered if we’d get less ire about taxes if govts allow people to directly choose how a portion of their taxes (5%?) gets allocated when they file. They could send it nonprofits for causes they care about. Given the choice of sending it into something they choose or the large centralized government black hole, more people would pick to allocate to something they care about. Carbon capture could be just one of these choices, and a lot of people care about it.
Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @10:26AM (#23957255)
With today's technology, there's really no excuse for keeping governmental/political decision power away from people.

Most budget/spending and political decisions by the government should be subject to approval by the people. Everybody should have a government login and could vote through a website or app. I wouldn't mind voting once or twice per day or even more, as it would be more productive and fulfilling than social media.

Re:What if carbon removal becomes the new Big Oil? by jfk13 on Sunday July 26, 2020 @10:52AM (#23957469)
I don't see how people could be expected to have any meaningful understanding of so many, varied, interdependent national budgeting and political decisions. It'd be a full-time occupation to try and stay even superficially aware of the implications of multiple votes per day.
Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @10:58AM (#23957508)
Of course they wouldn't. They also don't know anything about what it takes to be president or a senator, but they still get to vote to pick one.

We don't need optimal decisions, in fact politicians are also not experts at the decisions they make, even worse, they make decisions based on who paid them to make them. What we need is proper representation and distribution of power.

Re:What if carbon removal becomes the new Big Oil? by deathanatos on Sunday July 26, 2020 @04:37PM (#23960006)
CA is a partial direct democracy via its proposition system. It is currently dealing with a housing crisis more or less directly attributable to bad decisions made via that democracy.

The idea of a republic is that one elects a wise leader who can take the time to understand the issues and surround themselves with knowledgeable experts that can help fill in the gaps — which isn't even remotely possible in a direct democracy, as not everyone can know an expert in every necessary field.

Now, that said, our country is obviously quite far from an ideal republic. But I think it's other things — gerrymandering, a lack of good participation by voters, and a FPTP voting system that forces a two-party system — which many people think would persist pretty much as-is in a popular vote system —, and forces voters to vote for someone other than who they want to vote for. (Some would also add money-in-government, i.e., rolling back Citizens United; I'm still on the fence there, myself, as it would also prevent coordinated efforts by citizens.)

Re:What if carbon removal becomes the new Big Oil? by jfk13 on Sunday July 26, 2020 @03:51PM (#23959656)
Which is, in theory, more or less what we have. In practice, of course, choosing representatives isn't easy, and often the ones we select seem to be more concerned with the interests of powerful/wealthy lobbying groups (and/or furthering their own career within a political party) than the interests of their constituents.

I don't know how to fix that, but I'm very doubtful that abandoning representative democracy in favour of direct votes on all governmental decisions would be a positive step. It seems likely to just hand even more power to whichever charismatic populists and fashionable "influencers" can persuade people to vote blindly for whatever they promote.

Re:What if carbon removal becomes the new Big Oil? by m4rtink on Sunday July 26, 2020 @10:42AM (#23957380)
One of the principles of representative democracy is to have some slow down and indirection, so that dangerous decisions are not taken immediatelly in the moment. Otherwise a good populist desinformation campaign can get people to vote their own demise even before more information becomes available.
Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @10:48AM (#23957431)
Until there's real data to prove that, I'd say that's just a great excuse for the people in power to keep themselves in power or keep the power to themselves.
Re:What if carbon removal becomes the new Big Oil? by alexilliamson on Sunday July 26, 2020 @11:04AM (#23957559)
It's not data, but it is well documented that the founding fathers were scared of direct democracy and took measures to protect against it (electoral college). I agree that is does smell like a fishy excuse to keep power consolidated, but data doesn't always do well when political philosophy has been entrenched for centuries.
Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @11:32AM (#23957784)
You are right, and that's a big problem. I don't get this obsession with the founding fathers. Those guys are not around anymore. The US is a completely different country now with completely different people. We need to stop going back to the founding fathers for reference, especially when their views only serve to further entrench the people in power and keep it away from the people they are supposed to represent.

We also have data now, and for what we don't have data we should be running experiments and collecting data to make better decisions.

Re:What if carbon removal becomes the new Big Oil? by alexilliamson on Sunday July 26, 2020 @01:35PM (#23958643)
100%. But the US loves its statues, both literal and metaphorical.
Re:What if carbon removal becomes the new Big Oil? by zo1 on Sunday July 26, 2020 @10:46AM (#23957415)
It's the dirty little secret when it comes to "Democracy". The idea is simple and noble in that everyone has a say, but then we turn around and go with "representational" systems instead because we don't really want everyone to have a say in everything. Like you said with today's and maybe the last 1-2 decades technology, there is no excuse for not going with more direct democracy like voting.

I've argued it before, and get rebutted with things such as "we need to let the experts decide, average people don't understand nuance" or "we don't want rule by mob/majority" or "get involved in your local community meetings instead" or "what if the people vote to exterminate minorities", etc. But the fact of the matter is that some sort of direct-democracy, or individual-level decision making (such as suggested above regarding tax-spending) would allow society to self-correct and adapt without the need for complicated and "expert" interventions. I understand the extreme examples, sure, but we're not even trying to involve the populace more for even minor things.

On a side note, with my conspiracy hat on, this is why "electronic" voting is opposed so heavily. That and the whole "votes have to be anonymous yet independently verifiable but not linked to your identity because you might sell your vote" nonsense. Because the natural consequence of a reduction of cost when it comes to voting is that we'd end up voting on more granular things and more often, and we can't have that. Instead we want people to enact change by fostering "movements" and "protesting for change", because that really doesn't do anything at the end of the day.

Re:What if carbon removal becomes the new Big Oil? by arrosenberg on Sunday July 26, 2020 @01:27PM (#23958575)
> Like you said with today's and maybe the last 1-2 decades technology, there is no excuse for not going with more direct democracy like voting.

The average American isn't remotely qualified to make these types of decisions. That's why direct democracy has never, ever, in the history of humanity, worked in a society above a few dozen people.

> I understand the extreme examples, sure, but we're not even trying to involve the populace more for even minor things.

Let's try a non-extreme example - naming a post-office. The lefties want to name it after Rosa Parks and the righties want to name it after Stonewall Jackson. The vote ends up 51/49 in either direction - how do you feel that type of conflict would resolve itself in 2020? It's much, much better for the stability of the government to keep passionate people away from the majority of the mundane work of government. Plebiscites should be reserved only for massive issues, like changes to the Constitution.

> On a side note, with my conspiracy hat on, this is why "electronic" voting is opposed so heavily.

It's because security experts have repeatedly exposed how flawed these systems are, and how cheaply and effectively voting is done with paper and pencil.

Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @01:57PM (#23958832)
> The average American isn't remotely qualified to make these types of decisions.

So what? that's just an excuse to keep power away from them. We are already getting incredibly important decisions made by totally unqualified people (e.g. Pandemic response by the current administration) not only are making bad decisions, they are making them in their own best interest, in detriment to the people they are supposed to represent.

> That's why direct democracy has never, ever, in the history of humanity, worked in a society above a few dozen people.

Examples please? What country/government has ever implemented a real/direct democracy?

Re:What if carbon removal becomes the new Big Oil? by arrosenberg on Sunday July 26, 2020 @04:37PM (#23960008)
You call it an excuse, I call it a valid reason. The current administration is a perfect example of what happens when you let people with no qualifications make decisions that impact the entire country. The current administration if failing in large party because it isn't acting according the norms and structures of the current system, and they are encouraging "independent thinkers" to question whether the virus is even real. It's a terrible example if you are looking to say that our representative democracy doesn't work. Pandemic response was top notch under the previous administration - turns out hiring experts and letting them do their work is effective.

> Examples please? What country/government has ever implemented a real/direct democracy?

That's my point. The French revolutionaries tried it for a minute until they realized you can't run a nation-state that way - it's too complex and the average person is too disconnected from the issues to fully grok the n-th order consequences. Plus the tyranny of the masses tends to get out of hand.

Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @05:07PM (#23960195)
> The current administration is a perfect example of what happens when you let people with no qualifications make decisions that impact the entire country. The current administration if failing in large party because it isn't acting according the norms and structures of the current system, and they are encouraging "independent thinkers" to question whether the virus is even real. It's a terrible example if you are looking to say that our representative democracy doesn't work. Pandemic response was top notch under the previous administration - turns out hiring experts and letting them do their work is effective.

The current administration is a product of the current system. And it is a great example of what's wrong with it. It's amazing that you are using it to defend the system instead.

> The French revolutionaries tried it for a minute until they realized you can't run a nation-state that way - it's too complex and the average person is too disconnected from the issues to fully grok the n-th order consequences. Plus the tyranny of the masses tends to get out of hand.

Technology and data should help tremendously in solving the issues you present. Tools which were not available to the French revolutionaries. Also you shouldn't throw something completely out the window just because of one failed attempt hundreds of years ago.

Re:What if carbon removal becomes the new Big Oil? by arrosenberg on Sunday July 26, 2020 @05:27PM (#23960322)
> The current administration is a product of the current system. And it is a great example of what's wrong with it. It's amazing that you are using it to defend the system instead.

It's the worst system, except for all the others that have been tried. Not making rash decisions off black swan events is another reason to avoid direct democracy.

> Technology and data should help tremendously in solving the issues you present. Tools which were not available to the French revolutionaries. Also you shouldn't throw something completely out the window just because of one failed attempt hundreds of years ago.

Adding technology and data make the process even more fragile and prone to being messed with. How are you going to bash the existing government, and then act like we're somehow going to create a direct democracy based on technology that's fully secure and consistent? What happens when a hurricane knocks out power in Florida? Are they just paralyzed because no one can do their daily voting?

Voting systems should use the minimal amount of technology and the maximum amount of privacy. That doesn't even get into how most people wouldn't want the cognitive burden you are trying to impose on them.

Re:What if carbon removal becomes the new Big Oil? by mac01021 on Sunday July 26, 2020 @10:42AM (#23957377)
I might agree at the municipal level.

I'm not sure people need any more authority or engagement than they already have in making decisions for people 1000 miles away.

Re:What if carbon removal becomes the new Big Oil? by foepys on Sunday July 26, 2020 @10:34AM (#23957321)
What happens when people sell their website access and entities vote in the name of thousands of people? Do you think you could detect that?
Re:What if carbon removal becomes the new Big Oil? by zo1 on Sunday July 26, 2020 @10:48AM (#23957436)
I'd say that's a feature if you let individuals do that, but a bug/fraud otherwise.

A while back I heard someone propose the idea of "delegating" your vote to an arbitrary person and they'd vote on individual vote items on your behalf, or consequently "delegate" it yet again to someone above. Essentially creating a giant hierarchy of representation.

Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @10:53AM (#23957470)
Which is already the way things work. All our decision power is delegated to politicians, and we don't get paid and we cant revoke it either, we can only transfer it to some other politician at the end of the term of the current one.
Re:What if carbon removal becomes the new Big Oil? by ta1234567890 on Sunday July 26, 2020 @10:44AM (#23957402)
I have no idea. But the current state of affairs seems much worse. Politicians are already bought/influenced by corporations/entities in the open (and of course through back channels as well). There is immense corruption, some of which is even legal (lobbying).
Re:What if carbon removal becomes the new Big Oil? by missedthecue on Sunday July 26, 2020 @03:47PM (#23959635)
This sounds like an unmitigated disaster. Voting already gives us awful results. We don't need more awful results.
Re:What if carbon removal becomes the new Big Oil? by vcanhoto on Sunday July 26, 2020 @10:48AM (#23957435)
This actually happens in Portugal. When filling your taxes you can select a non-profit to receive a cut (don't remember how much though). Family and most friends live there, and never have I heard about this changing in any way how they feel about taxes.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @10:54AM (#23957482)
We already have that in the US. The government lets you deduct charitable donations.

I’d rather we could earmark our tax payments.

I wouldn’t send anything to any department involved in trampling basic human rights. I also wouldn’t pay a cent to oil or corn subsidies.

In such a system, I imagine Amtrak and the department of education would be getting 10x more than they do now.

Similarly, I suspect the US would be carbon negative in a few years.

The supreme court ruled money is speech, so I argue that not letting me earmark my payments is suppressing my speech.

Re:What if carbon removal becomes the new Big Oil? by refurb on Sunday July 26, 2020 @11:12AM (#23957599)
I think you overestimate the number of Americans that hold your views.
Re:What if carbon removal becomes the new Big Oil? by thekyle on Sunday July 26, 2020 @12:34PM (#23958224)
What you're describing is called participatory budgeting and is used in some places.

https://en.wikipedia.org/wiki/Participatory_budgeting

Re:What if carbon removal becomes the new Big Oil? by zo1 on Sunday July 26, 2020 @10:54AM (#23957479)
Why stop at 5%? Why not 50, 100%? So let's assume people don't get the choice of "reducing" their taxes, but get to allocate on a per-budget category level how much of all their individual taxes get allocated? Someone can allocate the whole 100% of their salary to say education and 0% to military/defense spending. Another might decide to put lots into healthcare, plenty in education and none for military. Others would allocate 100% to military, etc.

Why would that be broken on a societal level, and how is it not "democratic" to allow people to allocate their "voluntarily given" taxes how they please? What are we afraid of happening? Can we not control the problem slightly and just give them high-level categories to try it out?

Re:What if carbon removal becomes the new Big Oil? by beerandt on Sunday July 26, 2020 @02:37PM (#23959114)
Well about half the people in the US don't pay any net income tax. So giving 100% of nothing towards the political goals they desire might be seen as unfair to some.

There are merits to such a system, but I suspect they don't align politically with what you intended.

Re:What if carbon removal becomes the new Big Oil? by alexilliamson on Sunday July 26, 2020 @11:07AM (#23957575)
Not enough people would budget for the military is my guess concerning why we haven't tried it.
Re:What if carbon removal becomes the new Big Oil? by thekyle on Sunday July 26, 2020 @12:41PM (#23958270)
I would expect military to be one of the more popular departments.
Re:What if carbon removal becomes the new Big Oil? by jillesvangurp on Sunday July 26, 2020 @08:21AM (#23956568)
Spending money just so we can continue to spend what is already too much money burning oil, gas, and coal is not a plan at all unless you have an entity dumb enough to sink money in what is clearly a loss leading venture from day 1.

So, yes it could happen because the US government currently ticks that box already and lots of companies are benefiting from all sorts of subsidized programs to funnel tax money into the cause of destroying our planet as fast as we can. Basically, this would be a yet another tax funded effort benefiting big oil, much of the car industry, etc. It's so plausible because the same kind of things have been happening for decades already.

The question why anyone would pay for that kind of thing is indeed one that needs answering because the US seems to consistently end up with leadership actively promoting exactly these kind of things and there's an election coming up with a clear choice one way or another.

Re:What if carbon removal becomes the new Big Oil? by binbag on Sunday July 26, 2020 @07:14AM (#23956199)
Why is this comment so unpopular? I also fail to see how these ex oil companies will profit from carbon reduction. A far more likely scenario is they apply what they have learned in oil and gas to offshore wind generation and continue to have a business model around provision of energy, e.g. the transformation of Statoil into Equinor.
Re:What if carbon removal becomes the new Big Oil? by fsloth on Sunday July 26, 2020 @08:12AM (#23956510)
The edge oil companies have is that they are experts in pumping lots of stuff IN to underground. That's what fracking is. Now, just replace the fracking liquid with the transport of CO2.
Re:What if carbon removal becomes the new Big Oil? by mattbk1 on Sunday July 26, 2020 @09:45AM (#23957004)
Slightly different because frack fluid is a liquid slurry at surface conditions and CO2 is gas that needs to be compressed into a supercritical state. Your point stands that oil and gas (and surrounding industry) engineers know what they're doing when dealing with the subsurface.
Re:What if carbon removal becomes the new Big Oil? by Dumblydorr on Sunday July 26, 2020 @08:52AM (#23956718)
Once we ramp emissions way down, then we have to pull out the CO2 we've already emitted. It's not viable now, but EVs weren't viable 20 years ago. Once Europe and Stripe and California and all the early movers spend the first few billions, it will become much cheaper and more effective.
Re:What if carbon removal becomes the new Big Oil? by gonzo41 on Sunday July 26, 2020 @06:42PM (#23960725)
It's actually a hard problem. Think of CO2 like ping pong balls.

If you have a cube of balls 100 * 100 * 100 you've got a million balls. Then mark 400 random balls. Then lets them all fall to the floor. Find the marked balls.

That's what sifting though 400 parts per million looks like and c02 molecules are smaller than ping pong balls.

Re:What if carbon removal becomes the new Big Oil? by rch on Sunday July 26, 2020 @10:47AM (#23957425)
A couple of decades ago I wrote a finite difference simulator for CCS as enhanced recovery for coalbed methane. The process was financially viable in Canada due to carbon credit incentives linked to the Kyoto protocol and the relatively high price of natural gas at the time. Of course the U.S. never participated and, for a variety of reasons, the price of natural gas plummeted.

There is a CCS capable coal seam within 50 km of every coal and natural gas power plant in N. America, so in the minority of cases where falling LCOE of renewables doesn't outcompete existing generation naturally it might make sense to incentivise CCS, provided that the produced natural gas would further enable renewables.

The net carbon impact could be even more significant in China.

Re:What if carbon removal becomes the new Big Oil? by csours on Sunday July 26, 2020 @10:59AM (#23957513)
> "A couple of decades ago I wrote a finite difference simulator for CCS as enhanced recovery for coalbed methane."

I don't understand this, care to expand?

Re:What if carbon removal becomes the new Big Oil? by rch on Sunday July 26, 2020 @07:45PM (#23961020)
CO2 binds with coal 3:1 vs methane, so you can pump carbon dioxide down an injection well and produce more natural gas from a nearby well than you otherwise would.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @11:04AM (#23957558)
CCS is more like paying someone to cleaning the streets in SF than having someone follow you around to clean up in case you decide to crap on the sidewalk.

Anyway, CCS is probably already economically viable because it is legal, and there’s no way large institutions will stop burning fossil fuels.

It would make more economic sense to transfer all of the oil subsidies to environmentally sustainable energy, but that’s politically impossible.

It’s no more likely than SF making it illegal to lock a bathroom, and simultaneously spending enough money for social services to reduce the homeless population.

Re:What if carbon removal becomes the new Big Oil? by leereeves on Sunday July 26, 2020 @07:34AM (#23956296)
> I can't see how CCS (carbon capture and storage) can ever be viable economically. It's pure expense.

If fossil fuels weren't available, profitable activities that currently release carbon from fossil fuels would be done in other ways.

For example, plastics could be made from plants, and a lot of carbon from the atmosphere would end up in landfills as a side effect of making disposable consumer goods.

Re:What if carbon removal becomes the new Big Oil? by amelius on Sunday July 26, 2020 @07:46AM (#23956354)
https://en.wikipedia.org/wiki/Parable_of_the_broken_window

> The parable of the broken window was introduced by French economist Frédéric Bastiat to illustrate why destruction, and the money spent to recover from destruction, is not actually a net benefit to society.

Re:What if carbon removal becomes the new Big Oil? by marvy on Sunday July 26, 2020 @12:37PM (#23958244)
But no one is proposing to break anything in this discussion, right?
Re:What if carbon removal becomes the new Big Oil? by GhostVII on Sunday July 26, 2020 @09:54AM (#23957062)
If the government introduces a national emissions cap ("cap and trade"), then CCS can be used to offset emissions when it is too expensive to reduce them directly. If we had an economy for emissions, then companies could do CCS to get emissions credits for what they capture, and then sell them to companies who still have high emissions.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @11:34AM (#23957807)
This needs to be done. Also, it would allow individuals to buy the credits and destroy them, which would further increase the cost of emitting CO2. The trick is to set the number of credits decades in advance.
Re:What if carbon removal becomes the new Big Oil? by noman-land on Sunday July 26, 2020 @10:28AM (#23957269)
Your last sentence is funny because it proves the opposite of your point. Why don't you just stop shitting then?
Re:What if carbon removal becomes the new Big Oil? by GeoAtreides on Sunday July 26, 2020 @07:13AM (#23956194)
You are right and I don't understand why you're downvoted.

CCS is literally unburning coal and oil. Gathering ashes (CO2) and putting them back in the ground. Instead of energy producing goods and services, it just funnels air into the ground. The energy needed for this is at least the same energy that was released in the last 200 years.

It's also needed to stave off catastrophe and civilisation collapse, but let's not kid ourselves: it doesn't produce anything, except in indirect ways. Capitalism is not equipped to deal with this scenario.

Re:What if carbon removal becomes the new Big Oil? by fsloth on Sunday July 26, 2020 @08:20AM (#23956560)
Modern market-economy states have huge businesses just supporting this and that government mandate without actually producing anything - tax lawyers for example.
Re:What if carbon removal becomes the new Big Oil? by rightbyte on Sunday July 26, 2020 @08:39AM (#23956666)
Every plant is a "carbon remover". "Funnels air into the ground" can describe a potatoe plant. Surely there can be economy in that.
Re:What if carbon removal becomes the new Big Oil? by GeoAtreides on Sunday July 26, 2020 @08:54AM (#23956727)
No, every plant is carbon storage. The only way it becomes a 'remover' if it's buried back in the ground.
Re:What if carbon removal becomes the new Big Oil? by jes5199 on Sunday July 26, 2020 @11:05AM (#23957564)
I agree BUT there are new technologies that capture carbon into high-value molecules. For example, there’s a group competing in the Carbon X-Prize that has direct-air-capture that builds carbon nanotubes
Re:What if carbon removal becomes the new Big Oil? by chadcmulligan on Sunday July 26, 2020 @06:38PM (#23960705)
A carbon tax could make it viable - https://en.wikipedia.org/wiki/Carbon_tax
Re:What if carbon removal becomes the new Big Oil? by prawn on Sunday July 26, 2020 @06:32AM (#23956013)
I'm not pretending it's a massive industry, but carbon offset partner for airlines and other companies is something that people pay for?
Re:What if carbon removal becomes the new Big Oil? by perfunctory on Sunday July 26, 2020 @06:40AM (#23956039)
This is a good point. However, everything I read about air travel offset schemes suggests that the current price is way too low and does not reflect the true cost of offsetting. If people were pay the true price to offset their flights, the question is whether they would still choose to fly as much.
Re:What if carbon removal becomes the new Big Oil? by skummetmaelk on Sunday July 26, 2020 @06:44AM (#23956052)
If you cannot pay the price for sustainable flights you should not fly. The era of unsustainable consumption at the expense of future generations is coming to an end.
Re:What if carbon removal becomes the new Big Oil? by thesumofall on Sunday July 26, 2020 @07:17AM (#23956215)
That seems a dangerous argument to make. Where do we stop? What other luxuries will we only allow to those who can afford the sustainable version of it? Warm water? Having a fulfilling job that unfortunately requires commuting?

Edit: to be clear: I’m not saying we shouldn’t do anything, I’m just saying the solution cannot be to make disparity between rich and poor even larger

Re:What if carbon removal becomes the new Big Oil? by skummetmaelk on Sunday July 26, 2020 @08:45AM (#23956691)
How is it a dangerous argument to make? Are you arguing that you should be entitled to exploit the world's natural resources by making your children and children's children's generation pay for it? You can argue that, but it makes you selfish and entitled.
Re:What if carbon removal becomes the new Big Oil? by thesumofall on Sunday July 26, 2020 @10:42AM (#23957386)
No, I’m arguing that by enforcing the use of sustainable options (i.e., “you are not allowed to fly if you can’t afford carbon offsets”) and by letting people pay for it, we will make the poor poorer and the rich richer. We would basically send the majority of the world population back into the Stone Age. To avoid a social catastrophe we either need successful technical solutions or significant redistribution
Re:What if carbon removal becomes the new Big Oil? by hurxnid on Sunday July 26, 2020 @08:01AM (#23956433)
Simple. We all walk in the middle of winter four hours to and from our unheated homes and offices and work by candle light. Also candles cost 45$ for the carbon offset.

Billionaires continue to have their G-wagons flown around the world for them.

Re:What if carbon removal becomes the new Big Oil? by tonyedgecombe on Sunday July 26, 2020 @06:44AM (#23956057)
It can only get more expensive as well. As we de-carbonise other parts of the economy the opportunities for offsetting will fade away.
Re:What if carbon removal becomes the new Big Oil? by fsloth on Sunday July 26, 2020 @08:15AM (#23956526)
Current carbon offset schemes for private individuals are there more to help people's conscience than help much with CO2 levels as such. Alms.
Re:What if carbon removal becomes the new Big Oil? by prawn on Sunday July 26, 2020 @08:22AM (#23956574)
It wasn't being discussed as the solution but as an example of people willingly paying for carbon capture, and acknowledged as a small contribution. The GP comment included:

"It's pure expense. Why would anyone agree to pay for it."

Re:What if carbon removal becomes the new Big Oil? by kickout on Sunday July 26, 2020 @10:55AM (#23957487)
People can and will pay for it IMO. Just too much friction for it right now. I explain a bit here about incentives https://thinkingagriculture.io/carbon-sequestering-incentive...
Re:What if carbon removal becomes the new Big Oil? by hurxnid on Sunday July 26, 2020 @07:56AM (#23956409)
Current climate models indicate that if we want anything less than catastrophe we need to completely stop producing CO2 in 20(30?) years AND begin capturing it as well.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @01:03PM (#23958426)
20-30 years from now, over 10% of the earth will be uninhabitable, so we need to start cutting emissions drastically last year to avoid catastrophe.

The outlook is getting exponentially worse each year. But, yeah, we need to be strongly net negative in a few decades.

Re:What if carbon removal becomes the new Big Oil? by TheOtherHobbes on Sunday July 26, 2020 @06:38AM (#23956030)
Because the alternative is unrest, instability, and eventually mass death. It's hard to have a "competitive" economy when you've trashed your civilisation.

It takes a while, but that's the predictable final outcome of failing to remove the carbon that is causing climate change.

Re:What if carbon removal becomes the new Big Oil? by baron_harkonnen on Sunday July 26, 2020 @11:15AM (#23957628)
Look at how well the US (and other countries) has handled pandemic. Pandemic is basically a toy-problem version of climate change:

- Action must be taken before you see consequences

- The best time to act is right away, though it might not seem a big deal if you do

- You need to trust experts

- Taking some initial economic damage is unavoidable...

- ... but is ultimately much cheaper than not taking that hit

- strong leadership and a unified population is needed to align interests and create mutually beneficial cooperation

etc, etc.

But the US failed spectacularly, and most importantly learned nothing from it.

If we can’t control pandemic easily we are certainly going to fail to make any progress on global warming

Re:What if carbon removal becomes the new Big Oil? by perfunctory on Sunday July 26, 2020 @06:44AM (#23956056)
I am not questioning the fact that we should transition to the zero-carbon economy and remove excess carbon from the atmosphere. I am just saying that in my view CCS is not the most efficient way to achieve it.
Re:What if carbon removal becomes the new Big Oil? by DennisP on Sunday July 26, 2020 @10:03AM (#23957114)
You might be right, and if we enact a carbon price that gives credit for CCS, the market will do a good job at figuring out what's most efficient for any given situation.
Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @11:15AM (#23957625)
The most efficient way to do it is to forcibly remove every politician that opposes reducing CO2.

CCS is more likely to succeed and will lead to significantly less bloodshed than overthrowing all the governments at once.

Re:What if carbon removal becomes the new Big Oil? by perfunctory on Sunday July 26, 2020 @12:38PM (#23958252)
> The most efficient way to do it is to forcibly remove every politician that opposes reducing CO2.

And how would you go about doing that? I am genuinely curious. Do you know of any organisation that is going to do the forcing? I would be happy to donate. Or do you know a way I can do forcible removal myself without risking my life?

Re:What if carbon removal becomes the new Big Oil? by hedora on Sunday July 26, 2020 @12:51PM (#23958338)
I don’t think anyone has a good way to fix all the governments at the same time. The climate summits seem like a joke.

If you’re in the US, vote this fall, and hope the Democrats make good on their campaign promises.

It’s better than nothing.

Re:What if carbon removal becomes the new Big Oil? by cryoshon on Sunday July 26, 2020 @12:32PM (#23958206)
agreed entirely.

there's no way forward regarding global warming with the current US insitution of leadership, comprised of both major parties. they've got to be removed for the most optimal response to climate change, but doing so will be ghastly.

that's why i've started hunting for CCS solutions/companies to invest in/ways to start a company to leverage CCS for profit. we're going to need a massive mop to clean up the mess the baby boomers are still insisting on making worse.

Re:What if carbon removal becomes the new Big Oil? by jacobush on Sunday July 26, 2020 @06:44AM (#23956055)
So, it’s pretty strong bet on unrest and instability then, I guess.
Re:What if carbon removal becomes the new Big Oil? by voisin on Sunday July 26, 2020 @10:24AM (#23957235)
Making it “way too expensive and therefore uncompetitive” is exactly the thing that makes it “much easier to just stop shitting.”