An Indian company that spreads crushed rock on farmers' fields to help draw climate-warming carbon dioxide from the atmosphere has been awarded a $50 million grand prize in a global competition funded by Elon Musk's foundation.
Mati Carbon was among more than 1,300 teams from 88 countries that participated in the four-year XPRIZE Carbon Removal competition, launched in 2021 to encourage deployment of carbon-removal technologies. Many scientists believe removing carbon is crucial in the fight against global warming, caused by the burning of fossil fuels like gasoline, coal and oil, which release carbon dioxide.
