In a world where humans make 37 billion tons of carbon dioxide annually the project will be able to remove 36,000 tons of CO2 each year, which is approximately one millionth of human annual emissions.
Cost estimates are said to be "closer to $1,000 a ton" to remove the CO2. Effectively, we're spending 36 million dollars US to convert one millionth of human annual emissions of a fertilizing gas into limestone rock we don't need.
Flagrant Big Government wastage doesn't get much more pointless than this.
The process is called Direct Air Capture (DAC) and supposedly the Mammoth plant achieves something equivalent to taking "8,000 cars off the road" each year, as if that was a useful thing.
The problem for the Swiss Company (Climaworks) is that the most efficient machines for capturing carbon are plants, and they're cheap and out of patent.
Climeworks built this project in Iceland, of course, so they can use "clean" geothermal energy. But that raises the question of how much electricity it takes to turn CO2 into limestone. If we ran it off coal fired power would it ever be carbon neutral? ...<<<Read More>>>...
