davidho, 9 months ago

Proper MRV is often more expensive and harder than CO₂ removal (CDR), especially for open systems. This explains why no one wants to pay for MRV and the rampant fraud in the legacy carbon market.

Contrast what our non-profit [C]Worthy is trying to raise ($50 million) to build tools for MRV with what XPRIZE will pay ($68k).

4. Budget Given the overall budget for the XPRIZE Carbon Removal, XPRIZE has established a budget ceiling per work package per team. This budget is to cover the costs of all professional services related to technical work, onboarding, administration and project management, as well as overhead. Hard costs associated with the required work packages will be handled and reimbursed separately on a cost reimbursable basis, and in discussion with XPRIZE. Hard costs anticipated in excess of this budget include travel expenses for the on-site audits required to complete Performance Verification of each Finalist Team, and expenses related to instrumentation, lab testing, and other services related to verification (to be approved during the verification planning process). By submitting a proposal, contractors are acknowledging this budget and confirming their ability to work within XPRIZE’s budget specifications. |f contractors have specific concerns with any of the budget figures outlined below, please provide a detailed response as part of your proposal in the Budget and Schedule Acknowledgement section. Work Packages Performance Verification | Sustainability Analysis Cost Analysis Base budget per assigned Finalist Team $68,000 $14,000 $14,000