2 Jun

$100M XPRIZE for Carbon Removal Funded by Elon Musk to Fight Climate Change

first_img LOS ANGELES–(BUSINESS WIRE)–Feb 8, 2021– XPRIZE, the world’s leader in designing and launching incentive competitions to solve humanity’s grand challenges, today announced the $100M XPRIZE Carbon Removal sponsored by Elon Musk and the Musk Foundation. This four-year global competition invites innovators and teams from anywhere on the planet to create and demonstrate a solution that can pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an environmentally benign way. To win the competition, teams must demonstrate a rigorous, validated scale model of their solution at a level of carbon removal of 1 ton of CO2 per day, and further must demonstrate to a team of judges the ability of their solution to economically scale to gigaton levels. The objective of this XPRIZE is to inspire and help scale efficient solutions to collectively achieve the 10 gigaton per year carbon removal target by 2050, to help fight climate change and restore the Earth’s carbon balance. “We want to make a truly meaningful impact. Carbon negativity, not neutrality. The ultimate goal is scalable carbon extraction that is measured based on the ‘fully considered cost per ton’ which includes the environmental impact. This is not a theoretical competition; we want teams that will build real systems that can make a measurable impact and scale to a gigaton level. Whatever it takes. Time is of the essence,” said Elon Musk, founder and CEO of Tesla and SpaceX. “We are challenging engineers, scientists and entrepreneurs to build and demonstrate carbon removal systems that work,” said Peter H. Diamandis, Founder and Executive Chairman of XPRIZE. “Systems that in sub-scale can demonstrate real, viable carbon removal at 1 ton per day, and then show us how those systems can scale (cost effectively) to scale massively to gigaton scale. The goal of this competition is to inspire entrepreneurs and engineers to build the carbon dioxide removal solutions, many of which have only been discussed and debated. We want to see them built, tested, and validated. We hope this XPRIZE will activate the public and private sectors to get involved in the same way that the $10M Ansari XPRIZE brought about the commercial spaceflight industry.” For humanity to reach the Paris Agreement’s goal of limiting the Earth’s temperature rise to no more than 1.5˚(C) of pre-industrial levels, or even 2˚(C), we need bold, radical tech innovation and scale up that goes beyond limiting CO2 emissions, but actually removes CO2 already in the air and oceans. If humanity continues on a business-as-usual path, the global average temperature could increase 6˚(C) by the year 2100. The full competition guidelines will be announced on April 22 nd, 2021, which is also Earth Day. On that same day team registration will begin. The competition will last for 4 years through Earth Day 2025. The $100M in prize purses will be distributed in the following manner: After 18 months, at the discretion of the competition judges, the 15 top teams selected will receive $1 million each. Milestone Awards will kickstart team fundraising for their operating budgets to achieve the full-scale demonstrations required to win the prize. In the same timeframe, a total of twenty-five $200,000 student scholarships will be distributed to student teams competing. The remaining $80M in Purses will be distributed as follows: 1) Grand prize Winner (1 st Place): $50M 2) 2 nd Place: $20M 3) 3 rd Place: $10M Teams can submit entries across natural, engineer and hybrid solutions. Judges in the competition will evaluate the teams based upon four basic criteria: 1) A working carbon removal prototype that can be rigorously validated capable of removing at least 1 ton per day. 2) The team’s ability to demonstrate to the judges that their solution can economically scale to the gigaton level. 3) The main metric for this competition is fully considered cost per ton, inclusive of whatever considerations are necessary for environmental benefit, permanence, any value-added products; and 4) The final criteria is the length of time that the removed carbon is locked up for. A minimum goal of 100 years is desired. “Our Earth’s changing climate is a fundamental threat to humanity. But it’s not too late if we take action NOW! Human imagination and creativity can shape a brighter and more sustainable future on this planet we call home,” said Anousheh Ansari, CEO of XPRIZE. “By partnering with Elon and the Musk Foundation, we will crowdsource cost-effective solutions that can scale massively in the real world. Through XPRIZE Carbon Removal competition, the teams are invited to make history and become our climate heroes by reshaping our future. “We are expecting a huge array and diversity of teams from around the world to register and compete. What’s beautiful about an XPRIZE competition is the diversity of approaches taken by the teams. This is a great fit for carbon removal because there are so many ways to pull CO2 out of the air and our oceans. We expect to see approaches like engineered direct air capture, mineralization and enhanced weathering, natural solutions based on plants, trees, or ocean-focused solutions. We want as many viable scalable demonstrations now so we can all help the best solutions get to deployment as soon as possible.” For the latest information about the competition structure and important dates, please visit XPRIZE.org/prizes/elonmusk. Watch and share the 90 second trailer for this milestone $100M gigaton scale XPRIZE. About XPRIZE XPRIZE, a 501(c)(3) nonprofit organization, is the global leader in designing and implementing innovative competition models to solve the world’s grandest challenges. Active competitions include the $20 Million NRG COSIA Carbon XPRIZE, $10 Million XPRIZE Rainforest, $10 Million ANA Avatar XPRIZE, $6 Million XPRIZE Rapid COVID Testing, the $5 Million IBM Watson AI XPRIZE, $5 Million XPRIZE Rapid Reskilling, and $500K Pandemic Response Challenge. For more information, visit xprize.org. About The Musk Foundation The Musk Foundation creates grants that are made in support of: renewable energy research and advocacy; human space exploration research and advocacy; pediatric research; science and engineering education; and development of safe artificial intelligence to benefit humanity. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005280/en/ CONTACT: Nicole Ryan, XPRIZE [email protected] Caden Kinard, XPRIZE [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: TECHNOLOGY MANUFACTURING PHILANTHROPY OTHER NATURAL RESOURCES OTHER SCIENCE OTHER TECHNOLOGY NATURAL RESOURCES FOUNDATION ENVIRONMENT ENGINEERING SCIENCE SOURCE: XPRIZE Copyright Business Wire 2021. PUB: 02/08/2021 01:00 PM/DISC: 02/08/2021 01:01 PM http://www.businesswire.com/news/home/20210208005280/en Local NewsBusiness By Digital AIM Web Support – February 8, 2021 Facebook WhatsApp WhatsApp Twitter Pinterestcenter_img Twitter TAGS  $100M XPRIZE for Carbon Removal Funded by Elon Musk to Fight Climate Change Facebook Pinterest Previous articleCommunity Reinvestment Fund, USA Names Three to Board of TrusteesNext articleWells Fargo Invests in Six Black-Owned Banks Digital AIM Web Supportlast_img read more

16 Sep

3 takeaways from Syracuse’s 21-14 season opener win against Colgate

first_imgJamie Trimboli gave a slight shrug to his teammates as he stood up from the Carrier Dome turf. He’d just fallen to his knees after a dodge but still beat the Colgate goalie to make it 18-12 for Syracuse. Unlike last year, Syracuse avoided an upset at the hands of Colgate, holding the Raiders off, 21-14, to start the season on Friday. Chase Scanlan scored seven goals in his Syracuse debut as the new No. 22, and the Orange could seemingly do no wrong, never relinquishing the lead after a little more than 10 minutes had been played.  Here are some takeaways.Shots galore In the first quarter, any opening, even for just half-a-second, meant a Syracuse shot on offense. The Orange outshot Colgate 20-13 in the opening frame but scored just four goals. SU’s shots went high and wide or right into the midsection of the Colgate goalie. Last weekend, North Carolina took just 10 shots in the first quarter but led 7-0 at the end of it. Syracuse toned down its shooting rate and took smarter looks from the second quarter on. The shots came from closer and less from on the run. The Orange didn’t capitalize backside as much as UNC did against the Raiders, but ball movement, which was preached by the coaches before the season, became a focal point when Syracuse set up in the offensive zone.AdvertisementThis is placeholder textFor the game, SU outshot Colgate, 65-44, and reached UNC’s total of 42 with 14:09 left in the fourth quarter. Last year, the Orange averaged 43.8 shots a game and had 36 against Colgate in the 2019 season-opener.  Midfield madnessSyracuse’s first four goals were all off broken plays or in transition, and that came as a result of forcing turnovers and picking up ground balls at midfield. Chase Scanlan would be the beneficiary multiple times throughout the game. First, Lucas Quinn found him backside with no defender close enough to make a play after a quick stop-start left Colgate unprepared. Then, Colgate’s Marshall Terres was met by Scanlan and two other Syracuse players when trying to clear, and going the other way, Scanlan found open space to the left of the cage before showing his quick hands in a one-on-one situation with the goalie. The early run was instrumental in giving the Orange a 4-3 lead at the end of the first quarter while their half-field offense stuttered. In the second half, Griffin Cook dislodged the ball from a Colgate stick, and Stephen Rehfuss picked it up. Scanlan was ahead of the play, this time with a defender back, but it didn’t matter. He bounced it past the goalie for his fifth of the game. Scanlan got his seventh, again from Cook, but this time when an errant pass to the Colgate goalie was snagged by Cook and fed out to the new No. 22. It was an impressive debut for Scanlan, and much of it came from what the midfielders and his fellow attack did on the ride. No Mellen, some problemsNick Mellen went down with an apparent lower body injury about seven minutes into the third quarter with Syracuse leading 13-8. He was able to limp off the field but did not return the rest of the afternoon. The defense without him gave up six more goals with one coming on a man-down situation. But Brett Kennedy, who’ll shift around depending on the game per head coach John Desko before the season, stabilized the new group of close defenders.Grant Murphy proved a capable close defender, knocking the ball away from a Colgate midfielder on one play and taking it upfield in transition immediately after. Kennedy did the same on another play in the fourth quarter and nearly scored on a give-and-go but couldn’t catch the pass back to him. All three new defenders looked good all game, hardly getting beat one-on-one. It’ll take time for the slides to perfect themselves. But for now, even if Mellen’s injury keeps him out for a couple of weeks, Syracuse’s defense is in good hands, especially against nonconference foes.   Comments Published on February 7, 2020 at 6:29 pm Contact Arabdho: [email protected] | @aromajumder Facebook Twitter Google+last_img read more