Posted 2/22/2021 21:56 (#8852083 - in reply to #8850359) Subject: Appears to be an economist modeling number, not a cash offer
It appears to be estimate of an economic modeling number, not indicative of market prices. We will see how accurate such a number might be if and when USDA is instructed to monetarily incentivize carbon capture.
My buddy tells me right how you can still replace coal/oil electricity with solar at a carbon cost of $1/ton for companies who need to make good on promises to environmental advocates, but I assume that market will saturate at some point. But until it does, $100/ton CO2 capture seems to have a lot of market forces that would push the price back down.