Learn the details of Elon Musk and Xprize’s competition aimed at pulling carbon dioxide from the atmosphere.
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February 8, 2021 1 min read
Elon Musk has funded Xprize’s $100 million prize pool for a competition that seeks solutions that can “pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an environmentally benign way.”
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Xprize will award up to 15 finalists $1 million each, and the three top finishers will win $10, $20 and $50 million respectively. Twenty-five $250,000 scholarships will also be up for grabs for student team entrants.
To qualify, solutions must be able to extract 1 ton of CO2 per day, and display viability to scale.