Bloomberg Law
July 28, 2020, 7:55 PM UTCUpdated: July 28, 2020, 10:44 PM UTC

Direct Air Carbon Capture Costs Coming Down, Senators Told (1)

Dean Scott
Dean Scott
Reporter

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 ...

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