Elon Musk To Offer $100 Million To Anyone Who Invents The Best Carbon Capture Tech. Tesla and SpaceX corporate executive Elon Musk has proclaimed that he’s donating $100 million towards a prize for the most effective technology that may capture carbon dioxide.
The Tesla corporate executive recently became the world’s richest person, therefore it comes as no surprise that he encompasses a little bit of cash to give.
- Details of Elon Musk new competition haven’t been unconcealed however however ought to be coming back “next week.”
- Carbon capture involves a mixture of varied technologies centered on trapping dioxide and preventing it from escaping into the atmosphere.
The new philanthropic effort is in line with Musk’s different business interests in technological solutions to environmental issues — it’s conjointly in line together with his engineering background.
A human population of billions, deforestation, the destruction of natural habitats, a scarcity of care toward our oceans, and therefore the transformation of land for housing and therefore the rearing of eutherian have all contributed to the matter of worldwide warming.
Global warming is predicted to make climate refugees, diminish water and food supplies, trigger extreme weather events, and cause ocean levels to rise.
Elon Musk Rolling back and making an attempt to tackle the injury we’ve already caused to the environment are ways in which to undertake and scale back the amount of carbon within the atmosphere, and to date, very little progress has been created in terms of technology designed to contribute to the effort.
The creation of effective carbon capture technologies — aboard environment recovery initiatives — may facilitate countries meet their obligations within the Paris Agreement, a global written agreement on fighting climate change.
The announcement from Musk comes days when U.S.A. President Joe Biden signed associate govt order asserting the U.S.A. would rejoin the Paris Agreement and build the continuing climate crisis and fuel usage a priority of his administration.