Re:Germany's 49-euro ticket resulted in significant modal sh...
by hedora on Sunday October 13, 2024 @01:26AM
(#41825392)
The startups in this space were targeting $100/ton before the recent inflation hit.
It turns out if you divide the $/ton by 100, you get $/gallon of gas equivalent.
Burning a gallon of gas emits 20 lbs of CO2 (most of the weight is in the oxygen), and a ton is 2000 lbs.
Anyway, at $6-12 dollars per gallon of gasoline, direct air capture is clearly much worse than just not burning oil. At $1-2, it’s less than the current gasoline taxes in the US.
It turns out if you divide the $/ton by 100, you get $/gallon of gas equivalent.
Burning a gallon of gas emits 20 lbs of CO2 (most of the weight is in the oxygen), and a ton is 2000 lbs.
Anyway, at $6-12 dollars per gallon of gasoline, direct air capture is clearly much worse than just not burning oil. At $1-2, it’s less than the current gasoline taxes in the US.