July 28, 2020, 7:55 PM; Updated: July 28, 2020, 10:44 PM
Technologies to fight climate change by capturing carbon emissions right out of the air will become increasingly cost-effective, witnesses told a Senate committee on Tuesday.
While estimates vary, the current cost of directly pulling carbon emissions from the atmosphere is $450 per ton—too high to be economically viable. But that cost is expected to fall under the $200 by 2025 and below $150 by 2030, Julio Friedmann, a senior research scholar at the Center on Global Energy Policy, told the Senate Energy and Natural Resources Committee.
Finding a cost-effective way to capture and store significant amounts of carbon dioxide, the ...