Why the $100 per ton target for carbon removal may be ‘pure fantasy’

$100 per ton is the carbon dioxide removal industry’s standard-bearing metric. It’s the target identified by both Frontier’s well-respected advance purchase commitment and the Department of Energy’s Carbon Negative Shot for ensuring CDR is scalable.

Experts agree that we need to remove billions — possibly many billions — of tons of carbon dioxide from the atmosphere to have a decent shot at achieving net zero by midcentury. CDR at that scale would be enormously costly, so lowering the cost per ton is critical to ensuring the industry is economically viable.

The $100-per-ton target is what economists, policymakers, investors, and the industry itself generally agree makes CDR feasible at scale. According to a survey of CDR stakeholders from CarbonPlan, there isn’t consensus on what that number means. Some view it as a break-even point for sellers, and others refer to it as a post-incentive price for buyers. But for the industry at large, it’s an accepted — and achievable — target.

Most techniques that reliably pull carbon from thin air currently cost much more than that. “$100 per ton is an extremely ambitious 10-year target, likely probably more of a 15- to 20-year target,” Carbon180 senior visiting scholar Shuchi Talati told Protocol, adding that it’s “important to be ambitious” and “there’s a lot of momentum around CDR and getting these technologies to scale.”

Yet ambition and momentum may not be enough to reach that milestone, according to Howard Herzog, a senior research engineer with MIT’s Energy Initiative. He’s been studying carbon capture for over 30 years (even writing a book about it in 2018) and is more skeptical given the capital costs to build CDR plants and the enormous amount of energy they need to run. He sat down with Protocol to talk about why he thinks $100 per ton is “pure fantasy.”

This conversation has been edited for brevity and clarity.

Why do you think $100 per ton is an unrealistic target?

Carbon dioxide is so diluted in the air that in order to capture it, almost irrespective of what process you use, you’re going to have to push a lot of air through these machines, and that means a lot of capital costs and a lot of energy spent.

Estimates put the energy requirement at 1,200 kilowatt-hours per ton of carbon dioxide. The cost of electricity here where I live in Massachusetts is 20 cents a kilowatt-hour. Europe is pushing up prices to 40 cents. And this energy has to be carbon-free. Very few places have carbon-free electricity, but let’s say you can do it for 10 cents a kilowatt-hour, which I think is really stretching it — that’s $120 per ton of carbon dioxide.

That’s before you even start including the capital cost, which is significant. You need larger machines to process all that air. You want to put the air through these machines at a certain rate. And because of that, it’s going to be a large capital cost. Just looking at that, $100 or even $200 per ton just doesn’t pass the smell test.

So what do you think is a more realistic minimum cost for carbon dioxide removal?

Basic physics and engineering say there are some minimum requirements, and when you look at the most optimistic situation, my estimate for where we might be at is $600 to $1,000 for 2030.

Isn’t it possible to get capital costs down with scale?

There’s some truth to that, but it’s one thing to get it down by 40% or even cut it in half, but getting it down by an order of magnitude is a whole other dimension.

If you have a technology that can give you unlimited carbon removal at $100 a ton, that’s nirvana. We’re done, we’ve solved that problem.

There are also capital costs that go up as they scale. There was trouble with the Climeworks installation in Iceland last winter because of the temperature. [Editor’s note: Herzog is referring to the company’s plant, which dealt with frozen machinery last winter. Climeworks head of climate policy Christoph Beuttler said it was a “very good example of how important it is to deploy now and to get the experience.”] We saw this in Texas when everything broke down in cold temperatures; they didn’t spend money to weatherize it, so that adds cost. You’re putting things out, you want them to run at least 20 years. To do that, you have to harden them to stand up to the elements. It’s one thing to make a small demonstration, but when these things mature, some things will raise costs, other things will lower costs.

On the energy front, isn’t it possible to get costs down with the expansion of renewables?

Even if it’s several cents per kilowatt-hour, [renewables are] still intermittent, and you need this to run 24/7, which has a whole bunch of other costs. Say I just buy a lot of batteries so I can have this running all the time: That’s going to cost more than the original wind farm in the first place. On the grid, there’s still the backup problem and the peak problems. When you start putting more and more renewables on the grid, these system costs become more important. So if renewables are only 5% of my energy, there’s not a lot of integration costs; they’ve been absorbed pretty well. When you start getting up to 30[%] to 50% renewables, these costs start becoming much more significant.

Why do these machines have to operate 24/7?

Running these machines costs a lot of money. If I’m running 24/7 and capturing 1,000 tons of carbon a year, OK. If I’m only running half the time, capturing 500 tons a year, the dollar per ton just doubled. The capital cost is still the same. That’s the problem with all of these capital-intensive processes: You need them to operate a significant amount of the time. Usually you shoot for 85[%] to 90% of the time.

$100 per ton is just a target to aspire to. What’s wrong with that?

I just like to deal with facts. I think it’s disingenuous. If you’re really interested in solving climate change, you’ve got to level with people.

Estimates from the U.N. and other sources say that if we want to get to where we need to be, we may need to remove 10 billion tons of carbon dioxide a year by midcentury. Do you agree with that?

It’s at minimum a few billion tons a year, because there are certain sectors that are really hard to decarbonize. A part of that depends on how expensive you think these different sectors are to do, and then how expensive you think the offsets are going to be.

It’s very frustrating. When people think things are too easy, they won’t address the hard decisions, even though those hard decisions may end up with a better solution.

Say I want to decarbonize airplane biofuels and that costs me $700 per ton. If I can capture carbon from the air for $500 per ton, why not just keep emitting the carbon dioxide out of the airplane and capture the air to offset it? And it’s cheaper by $200 per ton. So that’s the driving force. And so I would say that even direct air capture at $500 a ton will have a benefit. For offsets like DAC, they’re going to be more effective for anything that costs more than their price. And so you have to look at the whole system.

It gets more complicated, because there are quite a few negative emissions technologies. DAC isn’t the only one. And none of them are unlimited in their application. If you have a technology that can give you unlimited carbon removal at $100 a ton, that’s nirvana. We’re done, we’ve solved that problem.

If $600 to $1,000 per ton is the likely cost of CDR, what role do you think it will play to get to net zero?

The question is, will there be other, cheaper offsets than that? Every offset has problems. Offsets from bioenergy with carbon capture and storage are cheaper and much more doable. The big issue is the biomass feedstock: how much there is and what the cost will be. Another option, one that I really like, is called liming the ocean. But politically, it’s a nightmare. Think about throwing a chemical in the middle of the ocean. Just think of the protest. But even today, by putting carbon dioxide in the atmosphere, most of that ends up in the ocean.

It’s very frustrating. When people think things are too easy, they won’t address the hard decisions, even though those hard decisions may end up with a better solution. At this point, I don’t know if liming the ocean is a great idea or not, but it has a lot of potential, and we have to look at things like that if we want to get to net zero. And people say capturing carbon dioxide from the air for $100 per ton will get us to net zero. But if it’s a fantasy, it’s not going to get us there.

Más info: www.protocol.com

Idioma