XPrize contest offers $20M to reduce CO2 emissions

A group of Canadian oil companies and American company NRG Energy has joined forces to fund an XPrize competition to reduce CO2 emissions. The prize is $20 million. The contest opened on September 29, 2015, and will go on for the next four years. The challenge for the teams is to create technologies that transforms CO2 into one or more products with the highest net value.