The huge amount offered by Elon Musk for carbon capture


Elon Musk announced that it is offering a huge amount for the development of a promising technology for capturing carbon from the atmosphere. Musk’s announcement on Twitter is laconic, as usual.

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Elon Musk said in a post on Twitter that he is donating $ 100 million “as a reward for the best carbon capture technology.” The founder of Tesla has always been concerned with reducing pollution, which is the main reason why he developed electric cars. Despite the apocalyptic predictions of the pessimists, Tesla is now the most valuable company in the automotive industry, far surpassing the largest traditional automakers.

Capturing emissions leading to global warming is becoming a critical part of many plans to control climate change, but so far very little progress has been made in technology, with efforts to reduce emissions rather than removing carbon from the air, Reuters reports.

Elon Musk offers a huge amount for carbon capture

The International Energy Agency said late last year that a massive development of carbon sequestration technologies was needed for countries to meet their zero net emissions targets. Musk’s announcement must be placed in this context. Musk returned in another Twitter post, in which he promised to provide more details “next week”.

President Joe Biden is committed to accelerating the development of carbon capture technology as part of his overall plan to combat climate change. On Thursday, he appointed Jennifer Wilcox, an expert in carbon sequestration technology, as the deputy chief energy secretary at the US Department of Energy.

Musk, who co-founded and sold the online payment company PayPal Holdings Inc., now runs some of the most advanced companies in the world. In addition to electric car maker Tesla, he runs the space rocket company Neuralink and Neuralink, a startup that develops ultra-high-bandwidth brain-machine interfaces to connect the human brain to computers. Reuters.


Source: Promotor by www.promotor.ro.

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