I'm totally with you. Reducing carbon intensity is possible (and almost easy) up to a point, but once you've converted 80-90% of the power grid to renewable sources and electrified most transportation there is still significant carbon emissions occurring for high value operations, like air transportation. Plus we still have to deal with the elevated levels we are at today.
Having viable large scale carbon capture technology,
gives us another advantage though- It gives us a really solid economic foundation for pricing those remaining carbon emitting operations. Entities can just regulate or tax carbon emissions at that point, and let the market figure out what activities and operations are still worth emitting for.
Having viable large scale carbon capture technology, gives us another advantage though- It gives us a really solid economic foundation for pricing those remaining carbon emitting operations. Entities can just regulate or tax carbon emissions at that point, and let the market figure out what activities and operations are still worth emitting for.