X-Prize launched the first of its famous global competitions in 1994 with a $10-million prize for innovation in space flight (think SpaceX). In 2015, it came back with a new competition and a $20-million prize. This time it would reward innovation in capturing CO2 pollution from the atmosphere - a moonshot that could help our fight against climate change.
Two weeks ago, Nova Scotia's Carbon Cure walked away with the top prize.
Carbon Cure's big win was for its technology that plugs waste carbon pollution into concrete. The carbon pollution gets safely stored away for millennia, at the same time as actually strengthening the concrete product. A win-win that "captured" the admiration of X-Prize judges.
Carbon Cure's mission? To sequester 500 million tonnes of carbon dioxide annually by 2030. For comparison, that's two thirds of Canada's total carbon pollution. And Carbon Cure is well on its way. President, Jennifer Wagner, gives us a tour on the latest episode of "Smart Prosperity: The Podcast".
