[slashdot2008]

thanks for plugging and chugging it all out.

carbon engineering's carbon capture technology is projected to be significantly less than $600 tonne, they say the plant they are building for occidental petroleum in texas will be profitable from 1) cost of avoided CO2 purchases (CO2 is used to pump oil out of the ground) and 2) california CO2 credits for "low carbon oil" which is between $175 and $200 USD/tonne [0].

so if carbon ends up at $200 per tonne instead of $100, cost per gallon would be $3.11 + $1.96 = $5.07. If you drive a lot probably enough to nudge you towards an EV!

[0] https://www.neste.com/investors/market-data/lcfs-credit-pric...