Xprize Carbon awarded to a dirt simple carbon removal technology | TechCrunch

Image for article Xprize Carbon awarded to a dirt simple carbon removal technology | TechCrunch
News Source : TechCrunch

News Summary

  • Mati Carbon won the $50 million Xprize Carbon Removal competition
  • The company uses rocks that convert carbon dioxide into stable minerals
  • Mati applies basalt to the farmers’ fields free of charge
  • It expects to deliver about 5,000 to 6,000 carbon-removal credits this year
Sometimes the simpler idea is the winner.Thats certainly the case with the winner of the Xprize Carbon Removal competition, which was announced on Wednesday. Mati Carbon walked away with the $50 mi [+3752 chars]

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