How do you kickstart an industry? The $100 million XPrize for Carbon Removal recently announced its 15 winners in the first competition stage to achieve gigaton-scale carbon removal. With more than 1300 entrants in the XPrize process, the carbon removal prize may be the largest experiment in innovation in human history. The goal is to lower the cost of carbon […]
How do you kickstart an industry? The $100 million XPrize for Carbon Removal recently announced its 15 winners in the first competition stage to achieve gigaton-scale carbon removal. With more than 1300 entrants in the XPrize process, the carbon removal prize may be the largest experiment in innovation in human history. The goal is to lower the cost of carbon […]
How do you kickstart an industry? The $100 million XPrize for Carbon Removal recently announced its 15 winners in the first competition stage to achieve gigaton-scale carbon removal. With more than 1300 entrants in the XPrize process, the carbon removal prize may be the largest experiment in innovation in human history. The goal is to lower the cost of carbon […]
Sultan Al Jaber is the CEO of the Abu Dhabi National Oil Company (ADNOC) and served as the President of COP28. Photo credit: AFP. By Anders Lorenzen Life on Earth is, however much we try to live in ways that do not match reality, still within some constraints. All the resources of our planet do have their limits even though […]
Aalborg Portland is Denmark’s largest CO2 emitter. Photo credit: Aalborg Portland. By Anders Lorenzen Last month, the Danish government set aside funding for carbon capture and storage (CCS) projects, through an agreement reaching cross-party support across the political spectrum. Over a period of 15 years, the government will inject 26.8 billion Danish kroner which should yield CO2 emission reductions of […]
Carbon capture strategies will play an essential role in drawing down CO2 levels. A carbon capture industry is developing that includes natural options like planting trees and restoring prairies and wetlands, pulling CO2 from the atmosphere with Direct Air Capture, and various technical approaches that engineer changes in the environment or rely on injecting CO2 into deep geological structures. But […]
climate change Photo credit: European Commission (EC). By Anders Lorenzen Capturing and storing carbon has by some experts been cited as a necessity if we are to stick to global climate targets. In a recent proposal, the European Commission (EC) listed carbon capture and storage (CCS) as a key green transition technology and proposed an EU wide-target to capture CO2, […]
Dr. Marcius Extavour, chief scientist and executive vice president of the XPRIZE Circular Carbon Network, talks about the state of the carbon capture industry and the winners of the first round of the $100 million circular carbon challenge funded by Tesla founder Elon Musk. They recently awarded $15 million, which was split among a group of 15 promising teams working […]
Dr. Marcus Extavour, chief scientist and executive vice president of the XPRIZE Circular Carbon Network, talks about the state of the carbon capture industry and the winners of the first round of the $100 million circular carbon challenge funded by Tesla founder Elon Musk. They recently awarded $15 million, which was split among a group of 15 promising teams working […]
Dr. Marcius Extavour, chief scientist and executive vice president of the XPRIZE Circular Carbon Network, talks about the state of the carbon capture industry and the winners of the first round of the $100 million circular carbon challenge funded by Tesla founder Elon Musk. They recently awarded $15 million, which was split among a group of 15 promising teams working […]