Carbon-capture technology wins B.C. company a million-dollar prize backed by Elon Musk’s foundation

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A company spun off from, and partnered with, the University of British Columbia has won a $1-million (U.S.) prize it will use to continue research and development of technology for increasing carbon capture at mine sites.

VANCOUVER — A company spun off from, and partnered with, the University of British Columbia has won a $1-million prize it will use to continue research and development of technology for increasing carbon capture at mine sites, which its developers say could leave some mines with net carbon emissions of zero — or even better.

“Having the Elon Musk Foundation XPRIZE affiliated with our company — that brand and that name recognition — we feel is also going to be just as important for us.” “We basically manipulate those tailings, so we do things like we manage the water content, we mix them up, we stir them, so that we can elevate the rate of carbon capture,” he explained.

 

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UBC spin-off companies win $2 million for carbon removal technologyThe prizes are part of the XPRIZE Carbon Removal competition funded by Elon Musk and the Musk Foundation.
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