Technology vs Tax

In a recent MIT press release they discuss a carbon dioxide extraction technology which seems quite viable and cost effective. They note:

The device is essentially a large, specialized battery that absorbs carbon dioxide from the air (or other gas stream) passing over its electrodes as it is being charged up, and then releases the gas as it is being discharged. In operation, the device would simply alternate between charging and discharging, with fresh air or feed gas being blown through the system during the charging cycle, and then the pure, concentrated carbon dioxide being blown out during the discharging. As the battery charges, an electrochemical reaction takes place at the surface of each of a stack of electrodes. These are coated with a compound called polyanthraquinone, which is composited with carbon nanotubes. The electrodes have a natural affinity for carbon dioxide and readily react with its molecules in the airstream or feed gas, even when it is present at very low concentrations. The reverse reaction takes place when the battery is discharged — during which the device can provide part of the power needed for the whole system — and in the process ejects a stream of pure carbon dioxide. The whole system operates at room temperature and normal air pressure.

Thus is CO2 is an issue the solution seems to be technical not taxation. Economists continually fail to understand human nature and the very economic system they allege to explain. Taxing CO2 is a highly regressive tax. Implementing such a system as the above make eminent sense.