Elon Musk to offer $100 million prize for 'best' carbon capture tech

Found on Reuters on Saturday, 23 January 2021
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Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $100 million prize for development of the “best” technology to capture carbon dioxide emissions.

“Am donating $100M towards a prize for best carbon capture technology,” Musk wrote in a tweet, followed by a second tweet that promised “Details next week.”

Now while this is a great offer, someone who comes up with such a technology can easily make billions from it.