How to Compete for Elon Musk's $100 Million Xprize to Fight Climate Change Learn the details of Elon Musk and Xprize's competition aimed at pulling carbon dioxide from the atmosphere.

By Dan Bova

Elon Musk has funded Xprize's $100 million prize pool for a competition that seeks solutions that can "pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an environmentally benign way."

Related: 61 Books Elon Musk Thinks You Should Read

Xprize will award up to 15 finalists $1 million each, and the three top finishers will win $10, $20 and $50 million respectively. Twenty-five $250,000 scholarships will also be up for grabs for student team entrants.

To qualify, solutions must be able to extract 1 ton of CO2 per day, and display viability to scale.

Details of the competition can be found here.

Dan Bova

Entrepreneur Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at Entrepreneur.com. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia ZoneRoad & Track Crew's Big & Fast Cars, The Big Little Book of Awesome Stuff, and Wendell the Werewolf

Read his humor column This Should Be Fun if you want to feel better about yourself.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Devices

The Tracking Card That Helps Entrepreneurs Stay on Top of Their Belongings

It's your solution to knowing where your office swipe, keys, or wallet are.

Growing a Business

How to Build, Grow and Make Money With Ecommerce

To grow your online business, you need to develop a strategy and invest your time wisely. These actionable tips can attract customers and increase online revenue.

Franchise

Ready to Invest? Explore the Top 10 Sandwich Franchises of 2024

Bite into the best sandwich franchises according to the 2024 Franchise 500 Ranking.

Franchise

Franchise Development Efforts in 2025 - What to Expect

A review of 2024 performance and predictions for the new year…

Thought Leaders

12 Big Ideas From Business Books Published in 2024

After considering more than 1000 books for our annual Non-Obvious Book Awards, a few big themes emerged. Read our trend recap and how these trends can help your business in 2025.