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$100M xPrize for Carbon Removal

xprize.org

161–170 of 469 posts

Re: $100M xPrize for Carbon Removal

#161
post #115

Why not invest that directly in various different prototyped technologies already being developed for this _now_ to accelerate the process? It feels like offering free swimming floats to the first one who can swim out to get them.

XPrizes are a BRILLIANT way to get a big multiplier on your investment. The price is $100 million. You might end up with 100 companies that all spend $10 million on research towards it. A $100 million prize resulted in at $1 billion worth of research.

Re: $100M xPrize for Carbon Removal

#162
I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal?

I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career.

That said there are plenty of other massive juicy challenges facing the climate. Whatever you choose, good luck!

Re: $100M xPrize for Carbon Removal

#163
post #96

This sounds cool from a tech-nerd perspective, but of course it all is pretty futile if we don't get emissions under control. The video says 10 gigatons/yr by 2050. Our 2019 emissions were ~36 gigatons. I.e. even if capture is successful, it needs to be accompanied by aggressive emissions reductions for us to even get to neutral, let alone reversing damage. I'm guessing Musk had some thought process around the expect…

> Our 2019 emissions were ~36 gigatons

The plants absorb about 25% of that and the oceans another 25%. If we absorb 10 gigatons yearly by 2050, that might be good enough.

Re: $100M xPrize for Carbon Removal

#164
post #96

This sounds cool from a tech-nerd perspective, but of course it all is pretty futile if we don't get emissions under control. The video says 10 gigatons/yr by 2050. Our 2019 emissions were ~36 gigatons. I.e. even if capture is successful, it needs to be accompanied by aggressive emissions reductions for us to even get to neutral, let alone reversing damage. I'm guessing Musk had some thought process around the expect…

And it's futile if we don't start removing C02 from the atmosphere. I'd rather bet on C02 removal than anything else.

Re: $100M xPrize for Carbon Removal

#165

Why doesn’t he just use a few of his billions to build free renewable power plants? Emissions reduction, now, is so much more important than the possibility of carbon reduction in ten or fifteen years

Because he has a one-off fortune that would require selling all of his investments to turn into cash. By 2050, all of the power plants he built would be just so much garbage in a landfill. Based on the growth projections of energy consumption, it wouldn't put a dent in the problem long term.

By incentivizing economical carbon capture, he might be able to kick off a self-funding industry, which would be an important part of the long term set of solutions needed to address atmospheric carbon increases.

He could also do other things like invest in some power plants too.

Re: $100M xPrize for Carbon Removal

#166
post #162

I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal? I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career. That said there are plenty of other massive juicy challenges…

> I've been working on carbon removal for the past few years

How? And can I join?

Re: $100M xPrize for Carbon Removal

#167
post #162

I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal? I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career. That said there are plenty of other massive juicy challenges…

> I've been working on carbon removal for the past few years

Great, guess you should tell more about your experience.

Re: $100M xPrize for Carbon Removal

#168
post #162

I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal? I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career. That said there are plenty of other massive juicy challenges…

I choose to help people support a portfolio of carbon removal at https://carbonremoved.com

If you're working on carbon removal or want to support carbon removal please feel free to email me directly:

ewan (at) above website

Re: $100M xPrize for Carbon Removal

#169
post #166
post #162

I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal? I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career. That said there are plenty of other massive juicy challenges…

> I've been working on carbon removal for the past few years How? And can I join?

There's a 101 Guide listed on AirMiners (http://airminers.org). You can also browse the startup index there to get inspired.

One you go through that, there's a 5 week group discussion on carbon removal basics, check out AirMiners Boot Up: https://bootup.airminers.org/

Re: $100M xPrize for Carbon Removal

#170
post #162

I'm curious what people here think about their own role in a prize like this. Are you interested in joining a team? Starting a company? Working on gigaton scale carbon removal? I've been working on carbon removal for the past few years, eager to help anyone who is considering actually making a leap into this industry for their own curiosity or even career. That said there are plenty of other massive juicy challenges…

I choose to help people support a portfolio of carbon removal at https://carbonremoved.com If you're working on carbon removal or want to support carbon removal please feel free to email me directly: ewan (at) above website

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