compress the CO2 to 1500 psi and inject it underground into a saline aquifer. Hardly anybody does it because it's expensive and nobody pays them to do it.
If there was a carbon tax that made it uneconomical to not do that, or if there was a subsidy for pumping carbon underground then people would do it.
It is all the same for nuclear power, extensions of renewables and other technologies that aren't profitable on their own.
It is a deal with the devil however to do so because it is a withdrawl from the government's legitimacy bank account. It's certain that any carbon trading system is going to lead to a few carbon traders getting rich and them feeding back 1% of their profits to politicians to keep their privileges. It's less certain that the planet gets saved.
It seems to be a more realistic plan to develop a technological revolution that really is cheaper than the alternatives... Because then you've saved the planet and the job is done
For instance it is completely practical to run the output of a fossil fuel power plant through
https://en.wikipedia.org/wiki/Amine_gas_treating
compress the CO2 to 1500 psi and inject it underground into a saline aquifer. Hardly anybody does it because it's expensive and nobody pays them to do it.
If there was a carbon tax that made it uneconomical to not do that, or if there was a subsidy for pumping carbon underground then people would do it.
It is all the same for nuclear power, extensions of renewables and other technologies that aren't profitable on their own.
It is a deal with the devil however to do so because it is a withdrawl from the government's legitimacy bank account. It's certain that any carbon trading system is going to lead to a few carbon traders getting rich and them feeding back 1% of their profits to politicians to keep their privileges. It's less certain that the planet gets saved.
It seems to be a more realistic plan to develop a technological revolution that really is cheaper than the alternatives... Because then you've saved the planet and the job is done
https://www.moltexenergy.com/