Earlier quoted context omitted.
Indeed, The problem is that, given we're failing the straightforward task of curtailment even now, what are the chances that we can successfully achieve curtailment and sequestering in the required time-frame? Curtailment is a large task but we know what to do. Sequestering would also be a large task but what to do is uncertain. Curtailment so far has been a corrupt circus with "pledges" and other indirect inducement…
Coal consumption has already peaked in the USA, France, UK, Canada, (probably) China, and a number of other countries. Emissions intensity and absolute emissions from the electricity sector has already peaked in multiple countries. The cost of electrifying automobiles and generating low-emissions renewable electricity is much lower than a generation ago. On the other hand, global fossil fuel use has not peaked yet. G…
Another way to put this - we're not out of safe options if we're not doing the safe options. We may need to do risky options once we are fully engaged in doing the safe option but today, now, we have not yet acquired the ability to even do the safe options consistently.
Sure, maybe the risky options will be necessary but if efforts to do the safe get pissed away with corrupt deceptions, how are we expecting efforts to do the risky efforts won't suffer the safe fate?
That some amount of CO2 production is being reduced almost at random isn't much of an argument that human society has the ability to choose a path and follow it effectively. How many fake versions of sequestering do you think scammers will come up with if the money ever appears?
A regulatory body capable of doing CO2 reduction might have the competence to then regulate sequestering. Random activity by supposedly concerned citizens or something just invites abuse.