Carbon dioxide removal (CDR) is necessary to minimize the impact of climate change by tackling hard-to -abate sectors and historical emissions. Direct air capture and storage (DACS) is an important CDR technol-ogy, but it remains unclear when and how DACS can be economically viable. Here, we use a bottom-up en-gineering-economic model together with top-down technological learning projections to calculate plant-level cost trajectories for four DACS technologies. Our analysis demonstrates that the costs of these technologies can plateau by 2050 at around $100-600 t-CO2-1 mainly via capital cost reduction through aggressive deploy-ment, but still exceed the optimistic targets defined by countries such as the US (i.e., $100 t-CO2-1). A further analysis of existing policy mechanisms indicates that strong, project-catered policy support will be required to create market opportunities, accelerate DACS scale-up and lower the costs further. Our work suggests that strategic DACS deployment and operation must be coupled with strong policies to minimise the cost of DACS and maximise the opportunity to make a planet-scale climate impact.
机构:
Univ Michigan, Sch Environm & Sustainabil, 440 Church St, Ann Arbor, MI 48109 USAUniv Michigan, Sch Environm & Sustainabil, 440 Church St, Ann Arbor, MI 48109 USA
Pham, An T.
Craig, Michael T.
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机构:
Univ Michigan, Sch Environm & Sustainabil, 440 Church St, Ann Arbor, MI 48109 USA
Univ Michigan, Dept Ind & Operat Engn, 1891 IOE Bldg 1205,Beal Ave, Ann Arbor, MI 48109 USAUniv Michigan, Sch Environm & Sustainabil, 440 Church St, Ann Arbor, MI 48109 USA