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Elon Musk, X Prize launch $100 million carbon-removal competition
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Elon Musk, X Prize launch $100 million carbon-removal competition

The $100 million Carbon Removal X Prize launched Thursday (April 22), in an attempt to spur the development of technology that can help stave off the worst effects of human-caused climate change.

Science & Tech

The richest incentive prize in history is now officially up for grabs.

The $100 million Carbon Removal X Prize, which is funded by SpaceX and Tesla chief Elon Musk and his foundation, launched on Thursday (April 22). That date was doubtless chosen advisedly; Thursday was Earth Day, and the new X Prize aims to spur the development of technology that can help stave off the worst effects of human-caused climate change.

The Carbon Removal X Prize challenges entrants to demonstrate ways to remove large amounts of heat-trapping carbon dioxide from the air or oceans and lock it safely away for long stretches. The competition is open to anyone around the globe, and it will run through 2025.