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ELON MUSK OFFERS $100 MILLION PRIZE FOR BEST CARBON CAPTURE TECHNOLOGY

2021-01-24 6 Dailymotion

Tesla founder Elon Musk has offered a $100 million prize for the “best” carbon capture technology.<br /><br />The tech billionaire, who briefly overtook Amazon’s Jeff Bezos as the world’s richest man this month, tweeted the announcement and promised more details next week.<br /><br />“Am donating $100M towards a prize for best carbon capture technology,” Mr Musk wrote.<br /><br />Carbon Capture and Storage, untested at commercial scale, removes the carbon dioxide emitted by burning fossil fuels and transports it for permanent storage underground. <br /><br />In response, several of Mr Musk’s followers who shared the tweet suggested a solution — plant more trees. <br />Mr Musk, the CEO of SpaceX, recently asked his 42.7 million Twitter followers how he should spend his fortune, now estimated at more than $201bn.

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