Posts

Showing posts with the label #$100 M prize for best tech

Elon Musk's $100 M Tech Challenge

Image
  Musk Offers $100 M Prize For Best Carbon Capture Technology                                                  Source:  Greenhouse Gas Emissions Stock Image                                      Source: Elon Musk Stock Image Global Competition & Need Tesla founder and CEO Elon Musk is offering a $100 million prize for the best new carbon capture technology.  Capturing greenhouse gas emissions is a key component of tackling Climate Change.  But very little progress has been made on the technology to date.  The International Energy Agency says taking carbon out the the air is an essential component for reaching net-zero emissions targets. Entrepreneurial Challenge Elon Musk has become the #1 & #2 richest person in the world from his many entrepreneurial successes.  He founded and is CEO of Tesla, SpaceX, The Boring Company and Neuralink.  He announced the $100 million competition on Twitter.  He promised more details on the challenge this week.  Meanwhile, President Joe Biden is a