The Myth of DAC Shattered! The Cost Reduction Logic of Photovoltaic Cells Does Not Apply to Direct Air Capture, Physical Limits Prevent Dramatic Cost Drops

The Myth of DAC Shattered! The Cost Reduction Logic of Photovoltaic Cells Does Not Apply to Direct Air Capture, Physical Limits Prevent Dramatic Cost Drops

In recent years, the astonishing drop in costs of photovoltaic (PV) and lithium batteries has sparked strong expectations in the climate policy and investment communities. Many hope that “Direct Air Capture” (DAC) technology can follow a similar trajectory of cost reduction. However, this analogy overlooks the fundamental differences in physical realities and market structures, necessitating … Read more

The Harsh Reality of Direct Air Capture (DAC) by Climate Engineering Companies: Financial Collapse and Carbon Capture from the Air

The Harsh Reality of Direct Air Capture (DAC) by Climate Engineering Companies: Financial Collapse and Carbon Capture from the Air

In 2024, the climate engineering company (Climeworks) captured only 105 tons of carbon dioxide at its “Mammoth” Direct Air Capture (DAC) plant in Iceland. This is not the amount captured daily or weekly, but the total for the entire year. In comparison, this is less than the annual emissions from a dozen long-haul trucks, approximately … Read more

Energy Cost Assessment and Optimization of CO2 Capture Technologies

Energy Cost Assessment and Optimization of CO2 Capture Technologies

Controlling the global warming temperature rise to 2°C or even 1.5°C is crucial for addressing climate change. Artificially removing carbon dioxide from the atmosphere is key to achieving net-zero CO2 plans. Carbon capture and storage (CCS) plays an important role in reducing emissions associated with fossil fuel use.Direct air capture (DAC), which extracts CO2 from … Read more