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Can prize competitions propel energy and climate technology the way they have space technology? The recent proliferation of contests with ample rewards suggests that many people think they can.

Richard Branson, chairman of Virgin Group, said he would award $25 million to someone who develops a method to sequester enough carbon dioxide from the atmosphere to stabilize the climate.

Have an idea for contest to drive energy or climate innovation? Leave a comment or drop us a line at: This email address is being protected from spambots. You need JavaScript enabled to view it. The X Prize Foundation is offering $10 million to the developers of a commercially viable car that gets at least 100 miles per gallon.

Using Prizes to Drive Energy Innovation