Earth911 Podcast: Dr. Marcius Extavour on the $100M XPRIZE Circular Carbon Network Competition
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Description
Meet Dr. Marcius Extavour, Chief Scientist and Executive Vice President of the XPRIZE Circular Carbon Network, talks about state of the carbon capture industry and winners of the first round...
show moreThe organization also reports that investments in carbon capture quadrupled between 2020 and 2021, rising by $875 year over year to approximately $3 billion invested in total to date. The XPRIZE study also found that carbon technology companies are already generating revenue — 29% of the companies reported earning more than $1 million in revenue, and 56% of all carbon firms have some paying customers. This is an important industry to follow — it could remove the trillions of tons of anthropogenic carbon dioxide in the atmosphere and eventually return us to pre-industrial CO2 levels. You can learn more about the XPRIZE Circular Carbon Network at https://circularcarbon.org/
Information
Author | Mitch Ratcliffe |
Organization | Earth911.com |
Website | - |
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