Elon Musk Announces $100 Million Prize To Develop This Technology Elon Musk Announces $100 Million Prize To Develop This Technology Capturing planet-warming emissions is becoming a critical part of many plans to keep climate change in check, but very little progress has been made on the technology to date, with efforts focused on cutting emissions rather than taking carbon out of the air.
Elon Musk promises the prize for development of best technology to capture carbon dioxide emissions.
Highlights
Globally, efforts focused on cutting carbon dioxide emissions
Biden has pledged to accelerate development of carbon capture technology
Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $100 million prize for development of the best technology to capture carbon dioxide emissions.