[USA] The $20M NRG COSIA Carbon XPRIZE will challenge the world to reimagine what we can do with CO2 emissions by incentivizing and accelerating the development of technologies that convert CO2 into valuable products.
Aljadix grows microalgae and turn them into biofuel. Aljadix’s carbon negative biofuel is generated from microalgae feedstock that is cultivated in Aljadix’s patented sea-surface container. The container is designed to massively increase productivity of the algae feedstock. The cultivation platform is environmentally safe and avoids the severe resource limitations of land-based biofuels (especially the negative effects on farmland and freshwater).
These technologies have the potential to transform how the world approaches CO2 mitigation, and reduce the cost of managing CO2.