Elon Musk to offer $100 million prize for 'best' carbon capture tech
Found on Reuters on Saturday, 23 January 2021
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.
“Am donating $100M towards a prize for best carbon capture technology,” Musk wrote in a tweet, followed by a second tweet that promised “Details next week.”
Now while this is a great offer, someone who comes up with such a technology can easily make billions from it.