So let's do some math. Let's consider natural gas. According to the US government [1], natural gas produced 1.358x10^12 kWh of power and 5.6x10^8 metric tons of CO2 so 1 metric ton of CO2 equates to ~2400 kWh of produced power. This post suggests the energy cost is ~230kWh/ton. This is an important sanity check because it means that (capital costs aside) and if it scales you could technically remain carbon neutral fo…
Completely agree. We need governments to ensure externalities (both positive and negative) are reflected in market pricing so that economic forces can operate efficiently.
Implication: there must be a debt to pay for past and present GHG output. It should not be punitive. But it should be clear and predictable.