Vancouver-based Arca, a pioneering carbon mineralization company, has reached the top 20 finalists in the XPRIZE Carbon Removal competition. Arca, founded by Dr. Greg Dipple and fellow University of British Columbia geoscientists, focuses on transforming atmospheric carbon dioxide into rock using historic mine waste, a method that requires no new land or water resources.
Their innovative technology accelerates the natural process of carbon mineralization, aiming for gigaton-scale impact. CEO Paul Needham views their advancement in the competition as both an honor and validation of their groundbreaking approach to climate stabilization.
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