Carbon Sequester Cheaper Than Expected

This is probably the best climate news of the year.

From the story:

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.

The society cost of carbon is probably about $250, though most studies put it closer to $100 and existing cap and trade systems put our at $10-30. (Per ton).

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