Maybe We Can Afford to Suck CO2 out of the Sky After All
A new analysis shows that air capture could cost less than $100 a ton
By James Temple
While avoiding the worst dangers of climate change will likely require sucking carbon dioxide out of the sky, prominent scientists have long dismissed such technologies as far too expensive.
But a detailed new analysis published today in the journal Joule finds that direct air capture may be practical after all. The study concludes it would cost between $94 and $232 per ton of captured carbon dioxide, if existing technologies were implemented on a commercial scale. One earlier estimate, published in Proceedings of the National Academies, put that figure at more than $1,000 (though it made the calculations on what’s known as an avoided-cost basis, which would add about 10 percent to the new study’s figures).
Crucially, the lowest-cost design, optimized to use the captured carbon dioxide to produce and sell alternative fuels, could already be profitable with existing public policies in certain markets (see “The carbon-capture era may finally be starting”). The higher cost estimates are for plants that would deliver compressed carbon dioxide for permanent underground storage.