View source for Carbon Dioxide Removal Purchase Pilot Prize

{{Program
|ProgramName=Carbon Dioxide Removal Purchase Pilot Prize
|ProgramType=Program
|OrgSponsor=Office of Fossil Energy and Carbon Management
|TopOrganization=Department of Energy
|CreationLegislation=Bipartisan Infrastructure Law
|Purpose=The Carbon Dioxide Removal Purchase Pilot Prize enables companies to sell high-quality carbon dioxide removal credits to DOE. It aims to catalyze a CDR market and drive innovation for net-zero goals.
|Website=https://www.energy.gov/fecm/voluntary-carbon-dioxide-removal-purchasing-challenge
|ProgramStart=2023
|InitialFunding=$35 million
|Duration=Ongoing
|Historic=false
}}

'''Carbon Dioxide Removal Purchase Pilot Prize''' is a Department of Energy initiative managed by the Office of Fossil Energy and Carbon Management that awards up to $35 million across the United States to companies delivering verified carbon dioxide removal (CDR) credits, engaging over 2,000 stakeholders and recognizing 24 semifinalists as of 2025. Launched in September 2023 with funding from the Bipartisan Infrastructure Law, the prize has advanced CDR technologies through three phases, with semifinalists announced in May 2024 receiving $1.2 million, and 2025 efforts supporting post-Hurricane Helene resilience by scaling CDR markets and integrating high-quality credits into DOE’s procurement strategy.

{{Official URL (simple)|url=https://www.energy.gov/fecm/voluntary-carbon-dioxide-removal-purchasing-challenge}}