Musk offers $100 million prize for carbon capture

One of the worlds richest men has turned his attention to global warming and environmental sustainability.

Tesla founder Elon Musk is offering a $100 million prize for the best technology to capture carbon dioxide emissions out of the atmosphere. The Tesla founder announced the move on twitter.

Capturing planet warming emissions has become a big part of plans to keep climate change in check. But little progress made on the technology side so far with efforts focused on cutting emissions instead.

There is no shortage of ideas around the world. In Iceland scientists have tried taking CO2 out of the air and turning into rock stored far underground. Swiss scientists have also tried to store captured carbon in layers of impermeable clay deep under the mountain. Such efforts have also been recorded in the US and Norway.

Many scientific firms will get a chance to take a shot at Musk’s millions.

Patrick Mumbi

Patrick Mumbi is currently the Content Administrator at Hive Digital Media. Trained as a Journalist, he carries wealth of experience having worked across the media spectrum in print, electronic and currently in the digital media space. Patrick's current responsibilities include writing commercial content and most importantly ensuring quality control is achieved on internal and external content which gets published on various platforms. More »
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