A group of students and researchers at the University of Sydney developing a technology with potential to permanently remove carbon dioxide from the atmosphere has won a prize of $250,000.
The students team (Sydney Sustainable Carbon) innovation which won them the prize at Xprise Carbon Removal Students Competition uses renewable solar power which neither has anything to do with CO2 capturing and storage nor companies that uses fossil fuels.
This project is necessary at a time the world is more concern about the level of CO2 in the atmosphere. It is a belief that the CO2 concentration in atmosphere has increase drastically over the years due in part to combustion of fossil fuel, oil and gas and the use of land, like deforestation, a situation where something must be done before reaching dangerous level.
The $5M funds for the Xprize Carbon Removal Students Competition which was made available by the philanthropic foundation of tech billionaire, Elon Musk is meant to help each winners perfect their concept in preparation for the subsequent competition ahead.
Sydney Sustainable Carbon competed with 195 institutions of learning from ten (10) countries and they were among the twenty-three winners announced by Xprize.
It is believed that removing CO2 from the atmosphere is one of the greatest environmental challenges face by man in recent time. According to a statement from the University of Sydney the team will be working with Southern Green Gas, Corporate Carbon and Swiss Re to advance the project of which if successful is capable of attracting grant of $5,000,000 from Elon Musk foundation for commercialisation.
Share This