• Fri. May 24th, 2024

Breaking the $100 Barrier: How Advancements in DAC Technology are Making CO2 Removal More Affordable and Accessible

BySamantha Nguyen

Mar 28, 2024
New DAC Technology Offers Capture for Less Than $100

Advancements in emerging technologies have made direct air capture (DAC) of CO2 more affordable, with the cost potentially dropping below $100 per ton. This is a significant milestone that could lead to widespread deployment of DAC methods. Currently, the estimated cost of most existing DAC technologies ranges from $400 to $1,000 per ton or higher, making it inaccessible for many potential buyers looking to purchase CO2 removal credits (CDRs) to offset their emissions.

The declining cost of DAC is seen as a game-changer in the fight against climate change, as it provides a viable option for companies and countries looking to achieve their carbon reduction goals. By making the process more cost-effective, DAC could pave the way for a shift towards a more sustainable future. As advancements in technology continue to drive down costs, the possibility of widespread adoption of DAC is becoming increasingly realistic in the near future.

Experts emphasize that reducing DAC costs to below $150 per ton is crucial for increasing its adoption, with many believing this milestone would not be achieved before 2030. However, recent developments in technology are accelerating progress towards making DAC more economically feasible. This has sparked optimism in the industry about the potential for mass-scale implementation of DAC as a solution for reducing carbon emissions.

By Samantha Nguyen

As a content writer at newsskio.com, I weave words to craft compelling narratives that captivate readers and bring stories to life. With a keen eye for detail and a passion for storytelling, I strive to create engaging and informative content that resonates with our audience. Whether I'm delving into the latest news trends or exploring unique angles on various topics, my goal is to deliver quality content that informs, entertains, and inspires. Join me on this journey as we uncover the news stories that matter most.

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