Earlier quoted context omitted.
So reducing petrol demand (let's say by switching to electric cars) might reduce the economic incentives of carbon capture significantly, interesting thought.
The economics of a natural carbon market will never work out. There is simply too much carbon available for too low of a price. The carbon capture market NEEDS to have public funding/intervention to make it profitable. Now, carbon capture will be important if we want to have a chance of undoing atmospheric CO2, but IMO, while now it the time to invest in research it's not the time to deploy. More public/government fu…
Even with renewable energy and electric transportation, if we could keep using oil but not produce CO2, then we should. Cheap energy is lifting humanity out of poverty.