> Carbon Engineering's fuel costs about 25 per cent more than gasoline made from oil
Seriously?! If this is actually true, sign me up. I will absolutely pay a 25% fuel tax to make the world a better place and also not have to give oil companies more money
Yeah, if that's the case - if we can make petroleum products from CO2 and power for only a 25% premium (hell, a 100% premium) over current prices, that's incredible. That's not (just) an environmental breakthrough, it's a MASSIVE geopolitical change. All of a sudden, the pricing power of oil exporting countries disappears - there's an infinitely scalable replacement waiting in the wings. Hell, can you imagine how much the US Navy would pay to produce jet fuel on board carriers (nuclear power!) and eliminate a need for underway replenishment?
And for that reason I really have to assume that it's standard science reporting, and some wires have been crossed along the way.
> can you imagine how much the US Navy would pay to produce jet fuel on board carriers (nuclear power!) and eliminate a need for underway replenishment?
Seriously?! If this is actually true, sign me up. I will absolutely pay a 25% fuel tax to make the world a better place and also not have to give oil companies more money