The Carbon Dioxide Capture Technology Prize
Senators Barrasso, Bingam and Enzi have proposed a prize fund for “competitive technology financial awards for carbon dioxide capture from media in which the concentration of carbon dioxide is dilute.” This bill is is now being proposed as an amendment to an energy bill that might see some action this year. A few things to highlight.
- First, the prize requires that:
“an applicant shall agree to vest the intellectual property of the applicant derived from the technology in 1 or more entities that are incorporated in the United States.”