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Elon Musk provides $100 million for XPrize competition to spark huge carbon-removal-technology breakthrough Updated Feb 09, 2021; Facebook Share Billionaire entrepreneur Elon Musk has launched a new XPrize competition, which he says is focused on “fighting climate change and rebalancing earth’s carbon cycle.” The announcement on the competition’s website gets right to the point: “Largest Incentive Prize in History: $100 million.” Here’s how you win: invent and successfully demonstrate technology “that can pull carbon dioxide directly from the atmosphere or oceans, ultimately scaling massively to gigaton levels, locking away CO2 permanently in an environmentally benign way.” Carbon-capture technology has been talked up ever since concerns about climate change entered the public discourse. But while efforts in recent years have produced some small-time successes, the ability to scale it “massively to gigaton levels” has remained nothing ....
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Giving people to do it, but i m always fascinating by people who are willing to put up their cold hard cash to solve a problem many feel should already be solved. i m doing it because this is the most effective way to deal with the frustration. we re clearly not where we need to be and an incentive prize is definitely the way to get people out of the woodwork to offer solutions. who are we blaming about this to solutions. if you really look at it, we re all to blame. we live in a petroleum-based economy. i do, you do, we all do. as long as we drive the demand for oil, we re going to have more oil spills, we re going to need to be responsible in some way for cleaning it up. it s like messing up somebody else s house. we should be cleaning it up. let s talk about this for a second. i want to ask you, are you ....