But it has tradeoffs. It costs money, and compared to eg direct air capture, it uses land that would’ve otherwise gone to growing food or something else, so a not-insignificant opportunity cost.
And we’re not even doing carbon capture on coal plant flue gas, because there’s just no incentive.
If we rolled out serious carbon taxes, this would become more feasible in addition to putting capture on existing plants.
If you’re interested, I highly recommend the AirMiners course, it gives a good overview/survey of the literature. The tldr is that we’re going to need a cocktail of all sorts of these technologies to hit anywhere near our targets, in addition to getting to net zero. We need to be pushing for a carbon tax politically, hard, to make this economically viable to do at scale. People need to become single-issue voters on this, and let politicians know that they are.
Good primer on carbon tax with dividend and border adjustment: https://clcouncil.org/economists-statement/
I agree that carbon tax would be good, but unless it's a worldwide implementation it just won't have the desired effect - all it will achieve is disadvantage those who implement it relative to those who don't.
[0] https://en.wikipedia.org/wiki/Carbon_sink#Artificial_carbon_...
Theoretically it will decompose someday, but at the point where we have significantly less buildings I assume either other bad things have made this less of a concern, or we'll be advanced enough to recapture that carbon in other ways.
...but yes, if you're willing to "waste" the resources, just thoroughly burying wood away from air should also work.
I think the issue is that the scale of the problem is so big. This was close to the best case scenario for this kind of sequestration and it still operated on the scale of hundreds of thousands of years. It’s definitely something worth looking into (and I’m pretty sure people are, haven’t kept as up to speed as I’d like though), but we can’t expect it to save us on its own.