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Tag: Carbon Dioxide (CO2)

XPRIZE and the Musk Foundation announce 23 XPRIZE Carbon Removal Student Award Winners

This week XPRIZE announced the 23 student-led teams that shared the US$5M Student Awards purse in XPRIZE Carbon Removal.

18 of teams will receive US$250,000 to jump-start carbon removal projects, while 5 teams will receive US$100,000 to develop technologies that will support the Measurement, Reporting or Verification of Carbon Removal solutions more broadly.

XPRIZE received 195 complete submissions from 44 countries. Each student team was required to submit a detailed proposal outlining the project they intend to execute. Beyond the project details, teams needed to convince XPRIZE’s independent panel of judges that their project was scientifically viable, that their project at scale can have a meaningful positive impact on climate change, and that the team (who were required to be majority students and led by students) had the skills required to pull it all off.

XPRIZE notes the teams who were successful in this round were able to articulate the most clear and detailed plans for sustainable, carbon negative projects that will result in durable CO2 sequestration (or, in the case of the MRV teams, best support carbon removal).

US$95 million is still up for grabs.

A list of the award winners can be found here »

Press release »

Ithaca, New York to electrify all its buildings » the first such decarbonization effort in the U.S.

John Engel / Renewable Energy World »

Ithaca’s Common Council gave approval to Mayor Svante L. Myrick to negotiate a contract with BlocPower, a Brooklyn-based climate tech startup focused on greening aging urban buildings.

Installation of air source heat pumps with supporting energy efficiency upgrades and building improvements will cut Ithaca’s 400,000 tons of CO2 by 40% and create 400 new, green jobs, BlocPower estimates. The project is in line with Ithaca’s Green New Deal, which the city approved in 2019 to address climate change, economic inequality, and racial injustice.

“At the same time COP26 takes place in Glasgow, the City of Ithaca demonstrates its commitment to fight climate change by taking this very important step towards fully decarbonizing our building stock,” said Savante Myrick, Mayor of Ithaca, NY. “Through this program, the City expects to eliminate most emissions from energy use in existing residential and commercial buildings, which today account for almost 40% of the total emissions in our city.”

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