Defy the odds
Martijn van Rheenen
Perpetual Next in Top 60 XPRIZE Carbon Removal
I am excited and honored to be a finalist out of 1,133 registered teams as one of the Top 60 submissions for the 100 million dollar XPRIZE Carbon Removal, funded by Elon Musk and the Musk Foundation.
This competition is aimed at tackling the biggest threat facing humanity: fighting climate change and rebalancing Earths’ carbon cycle. It is the largest incentive prize in history, for carbon removal solutions.
Our solution was selected based on scientific validity and potential for achieving a fully operational carbon removal solution that is scalable to megatonnes and even gigatonnes CO₂.
Our approach: Putting CO₂ back in the soil with Perpetual Biochar
Our technology removes CO₂ directly from the atmosphere and locks it away in a durable and sustainable way that can scale up massively. We do so by making high quality renewable carbon out of the lowest organic waste. We upgrade those low grade organic residues, containing carbon atoms, to renewable carbon in the form of biochar.
When mixed with soil the biochar improves the soil fertility and increases agricultural productivity leading to lower use of fertilizers and higher yields. Other applications are as a filler material in concrete, thus creating carbon-negative concrete, or as a solid filler in abandoned mine shafts.
Why we joined the XPRIZE Carbon Removal?
Perpetual Next’s ambition is to remove 1 gigatonne of CO₂ from the atmosphere before 2050. Joining the XPRIZE Carbon Removal is a fantastic opportunity to introduce our scalable carbon removal solutions to the world. It is not only about winning. The true goal in this competition is to collectively inspire and create real meaningful impact. Giving back to our earth and build on the roadmap to carbon negativity, not only carbon neutrality.
Martijn van Rheenen - Founder Perpetual Next