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251 Cost of Risk and Externalities Any significant liabilities and risk factors beyond the expected technical project costs must be identified and quantified wherever possible. Since the precision of these factors is expected to be lower than the cost calculation presented above, it will be considered separately by the judges and at their discretion, including the extent to which the team has holistically evaluated the potential sources of risks and external impacts of their proposed activities. Any factors which may offset the cost of Carbon Removal can be specified, including the sale of valuable goods (ie CO2 derived products or valuable co-products, provided the resulting end-use does not re-emit the captured carbon) and any tangible & measurable environmental co-benefits (eg improved biodiversity, improved crop yields, improved fisheries, ecosystem services, etc.). Teams may not count the value of social benefits derived from slowing climate change for this exercise. Teams may not count government or philanthropic subsidies as revenue. The judges will consider claims of revenue and value creation at their discretion. Revenue & Value DRAFT FOR PUBLIC REVIEW & COMMENT Version 1.0, April 22, 2021. Copyright XPRIZE Foundation 14PDF Image | XPCR Draft
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