Using this ideal case, one ton of serpentine can dispose of approximately one-half ton of CO2. Reaction 3 illustrates the transformation of forsterite, which is the end member of the common silicate mineral olivine. One ton of olivine can dispose of approximately two-thirds of a ton of CO2. Again, the reaction is exothermic and releases 90 KJ/mole of CO2
and there wouldn't be enough raw material available to do it....
Vast Capacity - Raw materials for binding the CO2 exist in vast quantities across the
globe. Readily accessible deposits exist in quantities that far exceed even the most
optimistic estimate of coal reserves (~10,000 × 109 tons) (5).
(http://www.netl.doe.gov/publications/proceedings/01/carbon_seq/6c1.pdf).
not to mention mining all that rock would chop up the environment fairly badly (on the scale that coal is now)

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