Atmosphere Quote by Thomas Homer-Dixon
“hen the price of carbon reaches $100 a tonne, then it will become an economically viable business proposition to start taking COâ‚‚ out of the atmosphere and sequestering it underground.”
About This Quote
If carbon pricing reaches $100 per tonne, capturing CO₂ and storing it underground becomes financially attractive.
In simple terms: High carbon price makes sequestration viable.
Economic incentives drive climate tech.
Themes
Mood
Type
When to use this quote
- government policy design
- investment decisions
- energy sector planning
Key Concepts
Practical Applications
- advocate for price mechanisms
- support R&D in CCS
Questions to Reflect On
- What other policies could complement carbon pricing?
- How can we ensure equitable outcomes?
Price forecasts are uncertain; technology costs may not drop as expected.