https://www-cnbc-com.cdn.ampproject.org/v/s/www.cnbc.com/amp/2022...

https://www-cnbc-com.cdn.ampproject...ic-toone-investor-at-gates-firm-explains.html

"The U.S. government has a goal to remove multiple gigatons, or one billion metric tons, of carbon dioxide from the atmosphere by 2050 and store it "durably" for less than $100 per ton. The Department of Energy calls this goal its Carbon Negative Earthshot.

For the carbon capture project to be successful, the amount of carbon emissions created to make the energy to operate the carbon capture machinery must be less than the carbon dioxide captured by the contraption — otherwise the whole effort is null and void.

"Yeah, the numbers start getting pretty scary," Toone said.

Two companies leading the charge, according to Toone, are Carbon Engineering and Climeworks. (Breakthrough (Bill Gates vehicle) is not an investor in either.)

Currently, Climeworks is able to capture carbon dioxide at a cost of approximately $600 to $800 a ton, Judith Hebekeuser, communications manager at Climeworks told CNBC. That cost should fall to between $250 to $300 per ton by 2030 if Climeworks is operating at the scale of millions of tons. And if the industry matures as expected, then costs should come down to $100 to $200 per ton.

Toone says the U.S. government's goal of $100 a ton is not unreasonable.
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JM says ADN can CC at A$20/tonne. And ADN have no need to store the methanol output (which is a major negative/headache/cost for competition as this article states) as the process "closes the loop"....ie re-uses the methanol to power the machinery....and so on.

"That cost should fall to between $250 to $300 per ton by 2030 if Climeworks is operating at the scale of millions of tons. And if the industry matures as expected, then costs should come down to $100 to $200 per ton."

We all need to sit down & have look at these figures. What ADN has is simply breathtaking if it comes anywhere near A$20/tonne.

Ps...we bought another 2m around these prices recently. Great story unfolding. Kinda wish JM would give open ocean swimming away. Keyman risk is the only serious risk I see now that the ultra conservative DFS is factored it.