New DAC Technology Offers Capture for Less Than $100

With recent advancements in emerging technologies, the cost of direct air capture (DAC) of CO2 has decreased significantly, making it more affordable for potential buyers looking to purchase CO2 removal credits (CDRs). The estimated cost of most existing DAC technologies ranges from $400 to $1,000 per ton or higher, which makes it inaccessible for many.

However, experts believe that reducing the cost of DAC to below $150 per ton is crucial for increasing its adoption. Many experts believe that this milestone will not be achieved before 2030. However, the latest developments in technology are accelerating progress towards making DAC more economically feasible. This has sparked optimism in the industry about the potential for mass-scale implementation of DAC as a solution for reducing carbon emissions.

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

By Sophia Gonzalez

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