the plant is designed to remove 36,000 metric tons of carbon each year, the equivalent of taking 8,600 cars off the road.
In short, for removal like this to make a meaningful difference, and not just function as a PR exercise, we’ll need to cut emissions to almost zero.
To put a realistic price on carbon emmissions, now we know exactly what a tonne of CO2 costs so we can impose that as a tax.
Yet, how do you do that? Cost to produce said tonne? Societal cost of damage? Ecological cost, estimated in terms of reduced biodiversity? All of these costs change with time too. It’s a tough one for sure.
Use the cost for removing it so that you can pay someone to clean up.