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I was referring to Direct Air Capture, where companies like Oxy are building plants in west Texas to try to pull CO2 out of the atmosphere and use it for enhanced oil recovery projects. On the larger scale, getting plant emissions is much easier, but more logistically challenging to get to storage. In the US, it takes a long time to get a Class IV permit (hopefully going down as there are more projects to make the EPA comfortable) and even then I'm not really sold on most projects being injection into saline aquifers.
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# ? Apr 28, 2024 17:16 |
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# ? May 3, 2024 14:22 |
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IEA just released a report on batteries in the energy sector. Battery costs are down 90% in the last decade and there's significant investment in new plants which will reduce prices further and help meet demand. Forecasts are for solar+storage to be cheaper than new coal in China or gas in the US. https://www.iea.org/news/rapid-expansion-of-batteries-will-be-crucial-to-meet-climate-and-energy-security-goals-set-at-cop28
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# ? Apr 28, 2024 22:34 |