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Carbon Capture Shield and Partners Enter XPRIZE to Tackle Global Climate Change, Ecosystems Degradation (Int'l. Report)
XPRIZE Carbon Removal,Carbon Capture Shield
Date: 2022-04-06
Washington, D.C.-headquartered Carbon Capture Shield Inc. reports it has joined forces with Tokyo-based WQ, Inc. and The Carbon Farm Ltd. and Dark Green Carbon Ltd., both of Jersey, UK., and entered the $100 million XPRIZE Carbon Removal competition with a plan to utilize carbon offsets bought by companies like Microsoft or Morgan Stanley and use those funds to pay farmers to regenerate their land through "carbon farming."

Together, their team is working with researchers such as Dr. Elaine Ingham, PhD and a network of qualified soil scientists and farmers from around the world. Their initial project proposal is for a 100-hectare of desert land in Nyeri, Kenya where they will create the first "Regenerative Agri-Solar Carbon Farm" designed to regenerate desert sand into healthy, productive soil.

The $100 million XPRIZE Carbon Removal competition is aimed at tackling climate change by asking global innovators to develop solutions that can pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an environmentally benign method.

According to Carbon Capture Shield CEO Daryl J. Nicke, "There is no more efficient means than using plants as natural carbon pumps, powered by sunlight energy, storing carbon in the soil -- where it stimulates and supports a menagerie of biodiversity and restores soil fertility.

"The goal of this CO2 Removal XPRIZE is to turn ideas into demonstration and turn power-point solutions into hardware," said Peter H. Diamandis, founder and executive chairman of XPRIZE. "By launching the largest prize competition in history, our hope is to focus the brainpower of engineers, scientists and entrepreneurs around the world to build solutions that actually work at low-cost and at massive scale."

"It really has done just that," Darryl Nicke said. "Additionally, the tools provided to us by XPRIZE really helped hone the vision of our multidisciplinary team into a concise, investor-friendly package. The Milestone deadline also pushed us to focus on resolving several key bottlenecks and inefficiencies in our business models. There's nothing better than a well-designed competition to bring out the best in humanity," Nicke added.

Officially launched on Earth Day 2021 (the same day Carbon Capture Shield, Inc was founded), XPRIZE Carbon Removal is a four year global competition. To win the $50M grand prize, the winning teams must demonstrate a working solution at a scale of at least 1,000 tpy removed model their costs at a scale of 1 million tpy and show a pathway to achieving a scale of gigatonnes per year in future. All demonstrations must be validated by a third party. (Source: Carbon Capture Shield, Inc., PR, April, 2022) Contact: Carbon Capture Shield, Inc., Daryl J. Nicke, (202) 559-9084,, (407) 603-6417, djnicke@carboncaptureshield.com, www.carbon captureshield.com; Carbon Farm Ltd., +44 (0) 1534 489 602, info@carbonfarm.je, www. carbonfarm.je; Dark Green Carbon Ltd., www.uk.linkedin.com › elizabeth-casely; WQ Inc., +81 3-6263-0677, www.wqinc.co.jp; XPRIZE Carbon Removal , www.xprize.org/prizes/elonmusk

More Low-Carbon Energy News Carbon Capture Shield ,  XPRIZE Carbon Removal,  Carbon Credit,  Carbon Farming,  


Carbon XPRIZE $7.5Mn Prize Winners Announced (Ind. Report)
Carbon XPRIZE, CarbonCure
Date: 2021-04-21
XPRIZE, the global leader in designing and implementing innovative competition models to solve the world's grandest challenges, reports that CarbonCure Technologies and Las Angeles-based CarbonBuilt Inc. have both won $7.5 million in the $20M NRG COSIA Carbon XPRIZE, a prize that set out to convert CO2 emissions into valuable products and thus help fight climate change.

Halifax, Nova Scotia-headquartered CarbonCure's technology enables the production of concrete with a reduced water and carbon footprint without sacrifice to the material's reliability. Utilizing CarbonCure Technologies system, CO2 is injected into a concrete plant's reclaimer system which contains the water used to wash out concrete trucks and mixers. The CO2 is converted to a permanently embedded mineral with strength-enhancing properties which can then be incorporated into new concrete mixes. CarbonCure is backed by Bill Gates' Breakthrough Energy Ventures, Amazon Climate Pledge Fund and others.

Los Angeles-based UCLA CarbonBuilt Inc. technology reduces the carbon footprint of concrete by more than 50 pct while reducing raw material costs and increasing profitability. The CarbonBuilt concrete formulation significantly decreases the need for ordinary Portland cement while enabling the increased use of low-cost waste materials. During the curing process, CO2 is directly injected from flue gas streams (like power plants or cement factories) into the concrete mixture where it is chemically transformed and permanently stored. Development began at the UCLA Samueli School of Engineering in 2014 with support from private and corporate sponsors, the U.S. DOE and others.

Launched in 2015, the NRG COSIA Carbon XPRIZE was a five-year global competition developed to address rising CO2 emissions by challenging innovators around the world to develop breakthrough technologies that convert the most CO2 into products with the highest net value. (Source: XPRIZE, PR Website, 19 Apr., 2021) Contact: Carbon XPRIZE, www.carbon.xprize.org; CarbonCure, Jennifer Wagner, Pres., (902) 442-4020, www.carboncure.com; CarbonBuilt Inc., info@carbonbuilt.com, www.carbonbuilt.com

More Low-Carbon Energy News Carbon XPRIZE,  Carbon Cure,  Carbon Emissions,  Climate Change,  


XPRIZE Carbon Removal Winner to Score $50Mn from Musk (Int'l.)
XPRIZE
Date: 2021-02-15
The XPRIZE Carbon Removal will last four years through Earth Day 2025. In the first phase of the competition, 15 teams with the best solutions will get $1 million each. Ultimately, the first-ranked full-scale demonstration wins $50 million -- half of the $100 million as recently promised by Tesla, SpaceX, Neuralink and Boring Co. CEO Elon Musk.

XPRIZE aims to help scale efficient solutions to achieve the 10-gigaton-per-year carbon removal target by 2050.

The nonprofit organization announced the launch for Earth Day, April 22, and added the winner would be picked four years after that. In the first stage of the XPRIZE Carbon Removal, top 15 teams will be selected within 18 months and receive $1 million each. An additional 25 student scholarships of $200,000 each will also be awarded.

Milestone Awards will kick-start team fundraising for their operating budgets to achieve full-scale demonstrations. The grand prize winner gets $50 million, leaving $20 million and $10 million for the two runnerups. (Source: Elon Musk, Balkan Green Energy News, 15 Feb., 2021)

More Low-Carbon Energy News XPRIZE news,  Carbon Emissions news,  Elon Musk news,  

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