The cost of carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions varies by approach and technology. It is estimated that CCS costs ranged between 15 and 130 U.S. dollars per metric ton of carbon dioxide (tCO₂), while the costs for direct air CCS ranged between 100 and 345 U.S. dollars per tCO₂. In contrast, nature-based solutions such as afforestation and reforestation ranged between 45 and 240 U.S. dollars per tCO₂.
Carbon capture technologies are likely to be play a key role in limiting emissions and meeting global climate targets.
Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology
(in U.S. dollars per ton of CO₂)
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S&P Global. (June 8, 2023). Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology (in U.S. dollars per ton of CO₂) [Graph]. In Statista. Retrieved November 09, 2024, from https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/
S&P Global. "Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology (in U.S. dollars per ton of CO₂)." Chart. June 8, 2023. Statista. Accessed November 09, 2024. https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/
S&P Global. (2023). Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology (in U.S. dollars per ton of CO₂). Statista. Statista Inc.. Accessed: November 09, 2024. https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/
S&P Global. "Estimated Cost Ranges for Carbon Capture and Storage (Css) and Carbon Dioxide Removal (Cdr) Solutions as of 2023, by Approach or Technology (in U.S. Dollars per Ton of Co₂)." Statista, Statista Inc., 8 Jun 2023, https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/
S&P Global, Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology (in U.S. dollars per ton of CO₂) Statista, https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/ (last visited November 09, 2024)
Estimated cost ranges for carbon capture and storage (CSS) and carbon dioxide removal (CDR) solutions as of 2023, by approach or technology (in U.S. dollars per ton of CO₂) [Graph], S&P Global, June 8, 2023. [Online]. Available: https://www.statista.com/statistics/1304575/global-carbon-capture-cost-by-technology/
