BREAKING: Direct Air Capture of CO2 Becomes More Affordable, Potentially Below $100 per Ton

As technology advances, direct air capture (DAC) of CO2 has become more affordable. Recent developments have brought the cost of DAC to potentially below $100 per ton, making it accessible to a wider range of buyers looking to purchase CO2 removal credits (CDRs). This decrease in cost is seen as a significant milestone that could lead to widespread deployment of DAC methods.

Currently, most existing DAC technologies cost between $400 and $1,000 per ton or higher, making it difficult for many potential buyers to justify the expense. However, experts believe that reducing DAC costs to below $150 per ton is crucial for increasing its adoption. While some believe this milestone may not be achieved until 2030 or beyond, recent advancements in technology are accelerating progress towards making DAC more economically feasible.

The declining cost of DAC is seen as a game-changer in the fight against climate change. 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 technology continues to drive down costs, the possibility of widespread adoption of DAC is becoming increasingly realistic in the near future.