This is the best news I've heard so far this weekend:
Siphoning carbon dioxide (CO2) from the atmosphere could be more than an expensive last-ditch strategy for averting climate catastrophe. A detailed economic analysis published on 7 June suggests that the geoengineering technology is inching closer to commercial viability.
The study, in Joule, was written by researchers at Carbon Engineering in Calgary, Canada, which has been operating a pilot CO2-extraction plant in British Columbia since 2015. That plant — based on a concept called direct air capture — provided the basis for the economic analysis, which includes cost estimates from commercial vendors of all of the major components. Depending on a variety of design options and economic assumptions, the cost of pulling a tonne of CO2 from the atmosphere ranges between US$94 and $232. The last comprehensive analysis of the technology, conducted by the American Physical Society in 2011, estimated that it would cost $600 per tonne.
In some instances, the cost dipped below $100 a tonne.
If progress continues at this pace, we could see large-scale carbon capture in the next five years. And start slowing the rise of atmospheric carbon, if not reversing it, in the next decade.