The official rules of the Carbon Dioxide Removal (CDR) Purchase Pilot Prize have been modified. All modifications are highlighted in yellow in the document. 

Modifications include:

  • Removal of 1,000 tonne per year minimum delivery requirement
  • Clarification of Phase 2 and Phase 3 timelines
  • Clarification of Phase 1 TEA requirements
  • Clarification that CDR credit price may be lower than levelized cost per tonne
  • Clarification that the Phase 1 Cover Letter will be made public