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Carbon Xprize chooses the 27 best solutions for CO2 emissions
Twenty-eight teams made it through the $20 million NRG COSIA Carbon Xprize's first round. Now, they have to start proving that they can truly transform a meaningful amount of carbon dioxide emissions into useful products. The semi-finalists from various universities, startups, big companies and non-profits all over the globe will do a test run of their technology over a ten-month period. Judges will look at how much CO2 they can convert, as well as the value of their products.
Xprize challenge offers $20 million to curb fossil fuel emissions
Sadly, carbon dioxide emissions aren't going away just yet. However, the Xprize crew would like to at least see those emissions do something besides accelerate climate change. They're launching the NRG COSIA Carbon Xprize, a competition that will hand out a total of $20 million to teams that convert fossil fuels' CO2 output into genuinely useful products. The 4.5-year challenge will be separated into two tracks (one for coal emissions, the other for natural gas), both of which will offer a pool of $2.5 million for hitting initial lab milestones and a $7.5 million grand prize for whoever succeeds in the real world.
