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Agreed. BUT if we price in the true cost of carbon at all levels it balances out. In a world we’re there is sufficient DAC you could charge the extractors and r
by garyrichardson 5y ago
Agreed. BUT if we price in the true cost of carbon at all levels it balances out. In a world we’re there is sufficient DAC you could charge the extractors and refiners and delivery companies and consumers. The price of a unit of gas goes way up at that point. Take the original commentor’s guess at $10/gallon - is the new cost $25 or more? I think we’d get to reduced consumption quickly.
Oh, that’s only net zero. In this fantasy we should also charge fossil fuel industries for past infractions too - maybe they need to pay an extra 20% for extra dac capacity.