Climate change: 'Magic bullet' carbon solution takes big step (opens in new tab)

This is huge news.

The implications of cheap C02 extraction are immense.

See this paper on what it means.

https://sciencepolicy.colorado.edu/admin/publication_files/r...

The key thing is that in 2100 to keep C02 ppm at 450 ppm it would cost 0.6 % of global GDP.

The idea is that the extracted CO2 would be injected in oil fields to boost production. But I think EV's mean that oil consumption is going to start going down in the not-so-distant future, which will in turn crash the price of oil, and this whole project will become unprofitable.

Just ordered a new Suburban, guilt free.