Hi Rob! Is it possible to produce gasoline through atmospheric CO2 capture for less than traditional methods? Will CO2 capture be competitive in real costs?
I cannot see how you could take CO2 and make gasoline out of it using less energy than what the gasoline contains. At best, you will need to supply that energy via something like solar panels. Then it becomes a question of efficiency: how many Watts of gasoline can you produce per Watt of electricity you have? My guess is, not many.
It can still be competitive with things like tar-sand extraction, which takes more energy than you get out of the oil. It's only economically viable because energy in gasoline/oil form is more valuable than the energy content itself, due to it's ease of transfer. Air sequestration might be a viable fuel source in regions where import costs of fuel are high, but energy is cheap.
I am less concerned about economic efficiency and more about environmental efficiency. The process to set up carbon sequestration facilities will itself produce CO2. If you produce a paltry amount of gasoline because all your energy is going towards that conversion, it might take you years or decades to actually reduce atmospheric CO2.
Even more important is the fact that the gas you produce and sell will go right back into the air as CO2, further reducing your net impact. You would basically need to produce gasoline faster than people can use it. Do you think a private company can do this process and outpace the consumption of Asia and Africa? It’s a catch 22: either your process is so inefficient that you pollute more than you clean up, or it’s efficient enough that you just drop the prices of gasoline, putting CO2 right back into the air. Their option is that you produce so much gasoline that you cannot sell it fast enough. Ironically that will tank your profits.
I think doing something other than gasoline is the answer. Make fertilizer: it will help grow the ecosystem while not immediately winding up as CO2.