The Forum > General Discussion > Direct Air Capture Technology Cost Breakthrough Makes Clean Fuels Cheaper Than Oil
Direct Air Capture Technology Cost Breakthrough Makes Clean Fuels Cheaper Than Oil
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Posted by mhaze, Wednesday, 3 December 2025 5:59:33 AM
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"Behold!" said cult leader Albo. "Cast thine eyes on the divine greatness that shall glorify the faith and smite our mockers.".
Fifty million eh Graham? Never doubt the ability of a BS story to interest the gullible and attract a dollar or two, but with the grifters here getting over 10b a year from taxpayers courtesy of gullible Albo, Prometheus Energy look like amateurs. https://www.gasworld.com/feature/prometheus-rethinks-dac-to-drive-down-e-fuel-costs/2168372.article/ Posted by Fester, Wednesday, 3 December 2025 6:12:05 AM
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Hello Paul,
Interesting comment. I was also considering the steam train as an example of continuous technological advancement. The English went from digging canals to accommodate horse draw barges to railways in a relatively short period of time. mhaze - Prometheus has been releasing progress reports for a number of years. Releases from 2022 were saying that their techniques were not refined enough at that stage for their fuels to compete on a cost basis with then oil prices. That has changed. Welcome to the future. Congratulations mhaze on your comments about geothermal energy. With a little extra thought you might start to realise that the energy future will probably be a combination of a number of sources. This is something that some commentators on OLO have been saying for years. I'm going to be curt here, Bazza, you do not have a clue. Posted by WTF? - Not Again, Wednesday, 3 December 2025 10:59:43 AM
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"That has changed. Welcome to the future."
Well actually nothing's changed except the rhetoric. They say they're competitive with oil but have no numbers on that. Is that competitive with oil at $US100 or $US30? Over the years I've seen any number of these claims of a major technological break-through which come to nought. Thorium is an excellent example - always gunna happen next year. Usually all these things generate is speculative investment and/or subsidy. "With a little extra thought you might start to realise that the energy future will probably be a combination of a number of sources" Well derr... We've know this for three decades. But the hope is that none of them will be adopted because of false claims about CO2 and/or government subsidy. Net zero was always going to be superfluous because (1) there is no need to reduce CO2 emissions and (2) technology was always going to render all the disputes mute. The only problem is that, while we reach that point, governments and activists are destroying the economies of those nations that feel for it. Bjorn Lomborg predicted back in 2005 that batteries and solar would be competitive with fossil fuels (sans subsidy) around 2035. That remains likely. The trouble with comments like yours is the assumption that unless someone has fully fallen for the renewables boondoggle then they must be all in on fossil fuels. Much better to have an "all of the above" approach and let the market work out the best solution - again sans government interference. Posted by mhaze, Wednesday, 3 December 2025 12:40:21 PM
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Yes WTF I do not have a clue but we have seen so many magic
solutions go down the gurgler because the energy needed to run them exceeded the energy output. When the transmission lines are finished we will see that all over again with Solar & wind. Except it will be energy and the money equivalent. Posted by Bezza, Wednesday, 3 December 2025 2:56:24 PM
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"Net zero was always going to be superfluous because (1) there is no need to reduce CO2 emissions "
Just a further thought on that.... When the history of the great CO2 scare is written, one of the heroes of the rationalist side of the debate will be Matt Ridley. He's just written an article declaring the beginning of the end of the great scare and postulating how the political classes will find a way back to reality. Most won't like it but I'm seeing more and more of this recently.... http://thespectator.com/topic/climate-politics-come-down-to-earth/ Posted by mhaze, Wednesday, 3 December 2025 3:36:05 PM
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http://www.opb.org/article/2025/10/06/super-hot-rocks-geothermal-technology-renewable-energy-three-rivers-mazama/
The beauty of this is that pretty much every nation on earth has access to the resource. Also it uses the same technology as used in fracking which I find to be rather poetic - the very technology that the alarmists have been whining about for two decades used to pull their net zero chestnuts out of the fire.