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Uploaded on Jul 29, 2010
$1.4 Million to develop breakthrough technologies for cleaning up our oceans.
To be prepared to safeguard oceans and shores, the X PRIZE Foundation is announcing the Wendy Schmidt Oil Cleanup X CHALLENGE to find the most effective and environmentally-safe solutions for capturing oil from all spills at the spill site, thus limiting their impacts and protecting our oceans, shores, marshes, and, importantly, the health and well-being of the people and wildlife which live and thrive in these communities. "With more then ten thousands of ocean oil platforms across the globe, and million of barrels of oil being transported every day by tankers, it's not a question of 'if' there will be another oil spill, but 'when,'" stated Wendy Schmidt. "We need to come up with better solutions to capture oil on the surface, to minimize the harm these spills are causing to marine life, coastal wetlands, and beaches, and to our livelihoods—a harm that can last for generations."