US Department of Energy desires to dramatically cut back the price of carbon seize know-how | Engadget

The US Department of Energy desires to speed up the event of carbon seize know-how. On Friday, the company a program referred to as . Part of its Energy Earthshots initiative, the aim right here is to foster the event of carbon seize know-how that may sequester CO2 at a price of lower than $100 per ton, and might be deployed on the gigaton scale. To put that in perspective, that a lot carbon is equal to the annual emissions of roughly 250 million automobiles.

“By slashing the costs and accelerating the deployment of carbon dioxide removal — a crucial clean energy technology — we can take massive amounts of carbon pollution directly from the air and combat the climate crisis,” stated Secretary of Energy Jennifer M. Granholm. “With our Carbon Negative Shot, we can help remove the greenhouse gases already warming our planet and affecting our health — positioning America as a net-zero leader and creating good-paying jobs for a transitioning clean energy workforce.”

If it wasn’t clear already, the Energy Department has set an bold goal. In September, , the most important direct carbon seize facility ever, opened in Iceland. The plant will seize 4,000 tons of CO2 per yr at a price of about $600 per ton for bulk purchases. Chimeworks, the corporate that operates Orca, goals to scale back the fee to $300 or much less per ton by 2030. That’s a good distance away from the Energy Department’s aim of lower than $100 per ton, however sustained and substantial assist and funding from the federal government is precisely what might make that occur.

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