DAC Commercial CDR Purchase Pilot Prize
Pays teams up to $35 million in cash for delivering commercial-scale carbon removal credits.
DAC Commercial CDR Purchase Pilot Prize is a U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management prize that pays teams up to $35 million in cash for delivering commercial-scale carbon dioxide removal (CDR) credits across four technology pathways: direct air capture, biomass (BiCRS), enhanced geological weathering and mineralization, and planned or managed carbon sinks. Te…
The prize backs teams building carbon dioxide removal (CDR) offtake deals across four technology pathways: direct air capture, biomass (BiCRS), enhanced geological weathering and mineralization, and planned or managed carbon sinks. It funds the process of structuring and fulfilling a commercial-scale CDR purchase agreement with DOE, not general research.
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