Comment by thechao

I'm going to have to disagree in a (hopefully) nuanced way. First, I just ran an end-to-end continent scale simulation of CO2 sequestration for the US, as is. To put it bluntly: there's no way outside of magical pocket sized fusion that will make this work. If you add full ground transportation abatement; full power abatement; and, then, use dedicated thermal sources, then the final cost is ~1 trillion a year. And, that's after all the positive upsides to the economy. There's a bunch of "almost unlimited upside" to be had from not having to move Miami, Houston, etc., but it's too complicated to model. However, just the healthcare implication upsides are roughly parity, disaster included.

But! Notice that abatement doesn't get us to 0. It merely slows the process. The remainder absolutely needs ACC. The output stream needs to be dirt cheap, the thermals need to be 100°C and not 900°C. Those sorts of things would bring ACC down to "hundreds of billions" rather than a trillion.