XPRIZE Carbon Removal
Elon Musk's $100M Prize for Carbon Removal
-
📅 Date: JavaScript Disabled
-
👥 Open To: Student Teams
-
💻 Format: Hybrid
-
🌏 Region: Global
-
💵 Cost: Free
-
💰 Prize: >$100,000,000
The XPRIZE Carbon Removal is a four-year global competition inviting innovators and teams from anywhere on the planet to create and demonstrate solutions that accomplish carbon dioxide removal (”CDR”) — pull carbon dioxide directly from the atmosphere or oceans, ultimately scaling massively to gigaton levels, locking away CO2 permanently in an environmentally benign way.
Of the US$100M prize purse, XPRIZE will award US$5M to student teams in the Fall of 2020 as part of the Carbon Removal Student Competition. The objectives of this award program are to:
- Increase participation of young people in carbon removal.
- Fund early stage ideas from the next generation of carbon removal innovators.
- Remove barriers to the competition for students that need funding for their demonstration.