Carbon
Carbon
A CONFLICT IS EMERGING between providing reliable, affordable baseload electricity and lowering carbon emissions. With a long life remaining for the existing energy infrastructure, a retrofit breakthrough is needed to harmonize these conflicting needs. The Carbon Prize will inspire contestants from around the world to develop radically advanced approaches to recycle rather than emit carbon, while maintaining the energy industry’s ability to provide dependable, cost-effective baseload power to customers.
Prize CapitalTM, the X PRIZE Foundation®, and industrial partners are working to create a high profile, international competition to find viable technologies that can cost-effectively recycle carbon emissions from power plants into brilliant new products.
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“As we started looking into this area, we were captivated by the benefits to society, the social appropriateness, and the potential financial upside that could come if we focused on turning carbon into things that are useful.”
- Lee Stein