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carbon storage is a “blunt” and “dumb” approach to curbing climate change. “You’re basically just landfilling,” he says, not decoupling the economy from the production of heat-trapping gases. But with it, he adds, “you buy the time to use the scalpel to do all the cool stuff,”

The business model envisions that polluters will collect the carbon—and the tax credit—and then pay Bayou Bend a transport-and-disposal fee that Tiller says is likely to be $20 to $25 per ton.

“We’re talking about a whole area the size of Texas that you can develop for storage,”