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Musk pledges a $ 100 million reward for developing best carbon capture technology

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The founder of Tesla and SpaceX noted that he will tell more about this proposal next week.

The founder of Tesla and SpaceX, Elon Musk, has promised to pay $ 100 million to the creators of the best technology for capturing and storing carbon dioxide. 

He announced the contest on Friday, January 22 on his Twitter page.

“Am donating $100M towards a prize for best carbon capture technology,” Musk wrote. 

He also promised to reveal the details of the proposal next week.

By capturing and storing carbon dioxide, we mean a process that includes the separation of carbon dioxide (CO2) from industrial and energy sources and long-term isolation from the atmosphere. The goal of this process is to combat global warming and environmental pollution.

Recall that Elon Musk, CEO of Tesla and SpaceX, donated $ 5 million to a free educational platform for schoolchildren Khan Academy.

Also, Elon Musk planing to sell all his property in order to populate Mars.

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