XPRIZE just dropped details of Elon Musk's $100M prize. The details are gooooood, props to the XPRIZE team and Elon.
I wanted to quickly hit on 3 main points. I put this in a video as well.
1. Is this a big deal?
Yes, it is.
Yes, it's for carbon removal.
Yes, it's gigaton scale, aiming for 6 GT / year by 2030).
Yes, it's solution agnostic, R.I.P. "nature vs technology".
Yes, a lot of potential funders will be kicking themselves over not funding this one. Go Elon!
2. How do I get involved?
3. What's next?
XPRIZE says more details coming April 22nd, Earth Day. In 18 months, 15 finalists will be selected and given $1M to go to the next stage. At the same time, 25 student groups will win $200k each for their own solution prototypes.
Props to the whole XPRIZE team on this one. Onwards to gigaton scale carbon removal!
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