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Elon Musk and Geneticist Arthur Riggs Each Give $100 Million

Elon Musk and Geneticist Arthur Riggs Each Give $100 Million
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Elon Musk Pledges $100 Million in Prize Money for Successful Carbon Removal

Elon Musk Pledges $100 Million in Prize Money for Successful Carbon Removal
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Elon Musk s Carbon Removal Contest Goes Live

Xprize has announced the $100 million Xprize Carbon Removal competition, which is sponsored by Elon Musk and the Musk Foundation. Xprize has announced the $100 million Xprize Carbon Removal competition, which is sponsored by Elon Musk and the Musk Foundation. The four-year contest invites innovators and teams from anywhere on the planet to create and demonstrate a solution that can pull carbon dioxide directly from the atmosphere or oceans and lock it away permanently in an “environmentally benign way”, Xprize’s website notes. To win the competition, teams must demonstrate a rigorous, validated scale model of their solution at a level of carbon removal of 1 ton of CO2 per day, and further must demonstrate to a team of judges the ability of their solution to economically scale to gigaton levels, Xprize states. The objective of the competition is to inspire and help scale efficient solutions to collectively achieve a 10 gigaton per year carbon removal target by 2050, according

Musk launches hunt for carbon negativity not neutrality technology with $100m XPrize

Time is of the essence : Elon Musk unveils $100m carbon capture competition

Net Zero Nature brings together global experts, business leaders, NGO’s and innovators to explore why protecting and restoring nature is fundamental to global economic prosperity, investigate the transformative changes businesses must make now to avoid extinction, and consider best practices and latest developments. Register now to secure your place for a unique day of learning, leadership and practical insight. Date: 27 May 2021

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