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mike landmeier's avatar

Love the effort but I generally disagree with nearly every aspect of this article. Co2 In The air is a problem and thermodynamics does not care how it got there. I don't either. I am developing a co2 capture system and I will take money however I can. I seek to create technology that gives policy makers better options. I'm all for using fossil fuel money to help me achieve my goal.

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Neil's avatar

Just on the "fossil fuel companies actually make very little profit per metric ton" point. The carbon gap piece that's linked talks about heavy-emitting companies having low profits per tonne of emissions and while that is true for heavy industry and the like isn't the case for actual O&G companies. If you take Exxon they produced somewhere between 100-300 Mt of CO₂e emissions in 2022 but with a profit of $56bn. Which would give them somewhere between $190-$560 of profit per tonne of emissions which doesn't look all that low.

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