Earlier quoted context omitted.
How about just buying the oil and putting it into storage somewhere (maybe just buy oil ships with oil in them). This will drive up price of oil for everyone which is the most effective way to accelerate the adoption of renewables. The world spends 6-9bn USD per day on oil (100m barrels at 60-90 USD), maybe we start with spending 1bn per day. Edit: Fixed calculation.
FWIW 100m * 100 = 10bn
$100M xPrize for Carbon Removal
41–50 of 469 posts
Re: $100M xPrize for Carbon Removal
#42Why cant we just plant more trees? Or let the trees we have grow bigger, to soak up all that extra carbon?
I wrote a short piece about it (with sources)[0]
[0] https://carbonremoved.com/blog/trees-are-not-the-answer-to-c...
Re: $100M xPrize for Carbon Removal
#43Why cant we just plant more trees? Or let the trees we have grow bigger, to soak up all that extra carbon?
Re: $100M xPrize for Carbon Removal
#44Why cant we just plant more trees? Or let the trees we have grow bigger, to soak up all that extra carbon?
We can, how many have you planted? The problem is the space issue and that it takes a decade or two for there to be meaningful carbon uptake. Most land is private so you can't go around planting willy nilly. What's worse is that you are technically not allowed to plant on most public land either, although for small amounts of native species, you can sneak by.
That’s pretty much how we got here, except instead of planting we mined, cut and burnt.
The pathway back is rather harder.
Re: $100M xPrize for Carbon Removal
#45[0]: https://www.prometheusfuels.com/on-the-road/happy-earth-day-...
Re: $100M xPrize for Carbon Removal
#46Here's my proposal, take that $100M and find a Saudi/Venezuela oil well operator. Give him the $100M in exchange for not pumping $100M worth of oil out of the ground.
Re: $100M xPrize for Carbon Removal
#47Re: $100M xPrize for Carbon Removal
#48Time to quit my job and become an inventor (actually something I thought was a real thing when I was a kid). My idiot-layman brain says buy it from AirGas or capture from large emitters and pipe it into a geological structures like the do for storing helium. It could probably only get to gigatons if it's worldwide and we have enough geological structures capable of containing it.
Carbon neutral or negative alternatives to energy production, concrete production, travel (flight), meat and many others would be incredible.
The best emissions are the ones never emitted in the first place.
Re: $100M xPrize for Carbon Removal
#49Why cant we just plant more trees? Or let the trees we have grow bigger, to soak up all that extra carbon?
If everyone stopped mowing their lawns for 20 years and let trees run wild instead, would that make a dent?
What about that plus turn half of our roads into parks?
Anyone got a link to a good open source interactive simulator?
Re: $100M xPrize for Carbon Removal
#50Here's my proposal, take that $100M and find a Saudi/Venezuela oil well operator. Give him the $100M in exchange for not pumping $100M worth of oil out of the ground.
I can not-pump 100M of oil in my own back yard. And you wouldn't believe the rate I can not pump it at! But seriously, this is harder than it sounds. Unless you pay him to permanently sequester $100M of oil, I don't see how it would make a difference.