Elon Musk Will Pay $100 Million who develops the Best Carbon Emission

A sure shot way for countries to reach their net-zero emissions purposes is a technology that is efficiently equipped to capture carbon dioxide.

To support the development of such emission-capturing technologies, Tesla Inc chief Elon Musk has now declared a $100 million prize.

Elon Musk used Twitter on Thursday to publish the prize. Elon Musk agreed to a $100 million reward for anyone who develops the “best” technology to take carbon dioxide emissions. He further said that he would present the details of the same next week.

“Am donating $100M towards a prize for best carbon capture technology,” Elon Musk wrote in the first tweet. A second tweet then declared the “Details next week.”

Elon Musk’s drive to such technology can improve in it being his next area of interest. All of the firms that Musk is currently connected with a focus on sustainable growth and salvation of the planet and humanity.

A technology to take carbon dioxide, eventually saving the planet from the greenhouse effect, will rank top on top for Elon Musk as it appears to fruition.

The International Energy Agency highlighted its value last year. It called for a quick rise in carbon capture technology deployment if countries expect to meet net-zero emissions aims.

Therefore, it is no start that Musk would like to get forward of the curve in a yet-to-be-adapted clean-tech solution.

Another follower of the carbon capture technology is the recently sworn-in U.S. President Joe Biden.

In his method to tackle climate change, Biden promised a preference for such technology and its community. The same was considered in his movements when he named Jennifer Wilcox, an authority in carbon removal technologies, as the chief deputy assistant secretary for fossil energy at the U.S. Department of Energy.

Carbon removal technologies will work as the following step to carbon-neutral practices. With Earth living said already past the point of interest to normalcy by various scientists, these technologies will become the most advantage in governments’ climate efforts over the globe.