Puro.earth's post

Big news: We are excited to announce that Puro.earth has become an official partner to the @XPRIZE Carbon Removal, which is funded by Elon Musk and the Musk Foundation to help teams enter the carbon markets!🚀 Puro.earth will collaborate with XPRIZE by offering its framework of services and expertise, such as the Puro Standard methodologies, the Puro Registry and the marketplace for CORCS and Pre-CORCs, to teams so they may enter the carbon markets and sell their climate service to corporations who want to neutralize their carbon emissions with carbon removal. As one of the key metrics for the competition is the fully considered cost per ton of CO2 removed from the atmosphere, our platform is helpful in increasing operational efficiency, connecting the XPRIZE innovators to potential customers and revenue streams in the carbon markets that can help them build scale. Dr. Marcius Extavour Vice President, Energy & Climate at XPRIZE, said about the partnership “XPRIZE Carbon Removal features the largest collection of innovators building real carbon dioxide removal solutions, many of which have only been discussed and debated. It’s great to see Puro.earth, an actor from the voluntary carbon market, step in and offer the Puro Standard and Marketplace for competitors who are ready to supply tons to the market”. Elon Musk, founder and CEO of Tesla and SpaceX, said during the prize launch via livestream “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”. We are also very proud that for the $1M Milestone Awards, to be announced on Earth Day (April 22, 2022) to the 15 most promising carbon removal projects, Puro.earth’s Marianne Tikkanen, Head of Carbon Removal Supply, and Leonard Smith, VP of Methodologies have served as expert reviewers. Read more here: https://puro.earth/articles/puro-earth-is-official-partner-of-the-100m-xprize-carbon-rem-769

  • Muhammad Fahd Khan

    151 w

    Congratulations!

    2
    • David Olsson

      151 w

      Congrats to Antti and team!

      2
      • Marine Stephan

        151 w

        Congratulations 👏 this is great!

        2

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