Carbon Collecting
Recent advances in removing the greenhouse gas carbon dioxide from the air have significantly brought down the cost, with one process having the ability to create synthetic fuel.
Carbon Engineering’s pilot facility in western Canada has been extracting about one ton of CO2 per day at a cost of about $100 per ton, far less than the prevailing price of about $600 per ton.
While the captured carbon can be stored in stone deep underground, Carbon Engineering says it can use renewable energy to take hydrogen from water and combine it with the collected carbon to create a synthetic liquid fuel.
The Bill Gates-funded company says it is already making about one barrel a day with that process.
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