> To meet its future goals, though, the company will have its work cut out for it; they’re aiming to remove millions of tons of CO2 per year by 2030 and a billion per year by 2050.
It's a startup and growth is the name of the game
And 36kt CO2 captured /year means over 2 million euros in tradable emissions each year, at current ETS prices of 60+ euros per metric ton CO2 emissions.
Economics looks a lot like entropy. We know of no way to do economically valuable work by burying carbon.
I see economic processes like physical ones. Water flows downhill, never up. Sure, there are huge spectacular waterfalls like your most hated billionaire. But that's essentially still the same downhill flow process as a meandering wide river.
We can discuss the best route from top to bottom. Fine. Perhaps I too would prefer to avoid such precipitous drops. But the issue here is that we have the need for uphill flow.