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this post was submitted on 11 Aug 2023
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These things are not exclusive they are complimentary.; things like CarbonCapture's Project Bison show how this can work.
They will buy power from Solar / Wind farms which causes energy suppliers to build more of them. They use the power to run their DAC and Carbon Sequestration Wells. Their plants are modular so as more power becomes available and the tech matures they add more modules. They're supposed to start operating later this year and when it does it will be removing three times more CO2 from the atmosphere than the worlds next largest plant.
That kind of project results in CO2 capture and accelerates the shift away from fossil fuels.
We are past the point of either / or, we need and solutions if we are going to fix this problem in the required time frame.
I agree, however as much as I wish our governments would do both - they won't. At least not This is why I said we should be playing money ball. I don't disagree with anything you said.
I think the additionallity to the grid as these renewables come online is great...but if they only cover the energy to run them then they're not expanding the grid for everyone else. This emissions continue. I agree it incentvizes renewable builds but only if it powers more of the grid vs just being dedicated to the wells.
We're headed towards a world where corps are incentvizes to buy up all the clean energy on the market and leave consumers with the fossile fuels right now. We just don't have enough clean or renewable energy to power everything and demand is only increasing.