FreeWits
Banned
- Joined
- Apr 23, 2018
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- Slightly Liberal
Global warming is solved, Carbon Scrubbers are here. Previously, the prediction was that scrubbing emissions from the atmosphere would cost $600/ton, but those predictions by climate change scientists were exaggerated once again. The fact is that we can currently scrub emissions for $250/ton, and by 2021, the cost will be around $100/ton. THERE IS ALREADY A WORKING PROTOTYPE AND HAS BEEN FOR YEARS.
According to this article, the global GDP is between $75T and $110T. At $100/ton, apparently the cost would be between 3% and 5% of the global GDP to completely eliminate the problem of carbon emissions. So if we say 4% of a $100T global economy, the total cost is around $4T. $4T is a lot of money, but given the problem, it's very doable, and offsetting that cost are the investment opportunities. Carbon scrubbers can actually turn the carbon into fuel, so not only can this help produce profits, we can lower the cost of fuel as well.
https://www.theatlantic.com/science...imate-change-suggests-major-new-study/562289/
According to this article, the global GDP is between $75T and $110T. At $100/ton, apparently the cost would be between 3% and 5% of the global GDP to completely eliminate the problem of carbon emissions. So if we say 4% of a $100T global economy, the total cost is around $4T. $4T is a lot of money, but given the problem, it's very doable, and offsetting that cost are the investment opportunities. Carbon scrubbers can actually turn the carbon into fuel, so not only can this help produce profits, we can lower the cost of fuel as well.
https://www.theatlantic.com/science...imate-change-suggests-major-new-study/562289/