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27 teams advancing in $20M NRG COSIA Carbon XPRIZE; converting CO2 to products

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XPRIZE announced the 27 teams representing six countries advancing in the $20-million NRG COSIA Carbon XPRIZE, a global competition to develop technologies that convert the most carbon dioxide emissions from natural gas and power plant facilities into products with the highest net value. Coal plant. Coal plant. Coal plant.

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Study Concludes That to Limit Global Warming to 2 °C, Less Than 25% of Proven Fossil Fuel Reserves Can be Burnt Between Now and 2050

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Less than a quarter of the proven fossil fuel reserves can be burnt and emitted between now and 2050, if global warming is to be limited to two degrees Celsius (2 °C), according to a new study published in the journal Nature today. Shown are fossil CO2 emissions (top panel) and corresponding global warming (bottom panel).

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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ºF) above pre-industrial levels to avoid the most catastrophic effects of climate change, and that global GHG emissions would have to peak around 2020 and then sharply decline by 50% to 85% by the year 2050. AR4 also affirmed that warming would have to be held to no more than 2 ºC to 2.4 ºF) increase. Earlier post.)

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