Originally published at: https://wheelive.com/2021/01/22/elon-musk-will-donate-100-million-for-the-best-carbon-capture-technology/
Tesla CEO Elon Musk announced that he will donate $100 million for the best carbon capture technology
Carbon capture is likewise called “carbon capture and storage” (CCS), is the thing that individuals consider measures that include capturing carbon dioxide (CO2) at the source of emission and sequestrating in order for it not to leak into the air.
It additionally at times include innovations to use to the carbon for different purposes.
The idea has been recommended as a potential solution to slow down climate change by reducing the amount of carbon dioxide emitted in the atmosphere or even reversing it in the future.
In any case, current carbon catch advancements have regularly demonstrated wasteful and add cost to energy production – making it uncompetitive without carbon costs.
Tesla CEO Elon Musk announced a plan to encourage the development of carbon capture technology by offering a prize of $100 million to the “best carbon capture”. He didn’t uncover more about how the prize will be parting with, yet he said that more information will be delivered one week from now.
Elon Musk has past expressed that Tesla’s mission is to quicken the advent of electric transport and sustainable power to address environmental change.
At a meeting uninvolved of the Paris Agreement, Tesla’s CEO depicted producing a lot of carbon dioxide in the air as the “most idiotic investigation ever.”
He disclosed that because of the limited idea of petroleum products, we, as mankind, must progress to sustainable power at last.
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