• Birch@sh.itjust.works
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    13 hours ago

    In 2019, the Swiss start-up, which has raised more than $1bn from investors, predicted it would cut its capture costs from $600 per tonne to roughly $100 per tonne in “another four years”.

    In reality the costs are still 2 to 3 times that, closer to $2000 per tonne. And that’s not even taking into account the entire running costs of this ridiculous company, only operating their wildly inefficient plants.
    If you actually go and divide their 1bn fundraising so far by their a bit over 1000 tonnes removed so far you end up with almost a million dollars spent for every ton of co2 removed, which I know is oversimplified but still shows how ridiculous this entire venture is.

  • primrosepathspeedrun@anarchist.nexus
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    1 day ago

    Wait, the solution that relies on basically violating thermodynamics rather than fixing literally anything and mostly existed as an excuse to not fix anything doesn’t work?

    I’m shocked.

    • lowleekun@ani.social
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      1 day ago

      No no no no no. You just need to believe in the process. We need to be open minded and trust the fact that only new technology™ can save us. Maybe if we would simply give more money to startups.

      Don’t worry though, after the U.S.'s inevitable complete decline into fascism there will probably be some wars to spread and defend “FREEDOOM”. If neoliberalism dies in those wars we maybe have a shot at saving whats left of earth and nature.

      • primrosepathspeedrun@anarchist.nexus
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        1 day ago

        You seem to forget fascists can lose to local opposition.

        You just need to either get rid of the shitlibs fighting for them or get them to fight against the fascists.