What if carbon removal becomes the new Big Oil?

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.

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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)

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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?

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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?

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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.

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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).

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