Musk offers $100 million as prize money, check if you qualify?
Billionaire Telsa chief, Elon Musk, who recently overtook Amazon’s Jeff Bezos to become the world’s richest person never fails to create a buzz via his tweets. His latest tweet, “Am donating $100M towards a prize for best carbon capture technology,” In the next tweet he wrote,” promising details next week.
Reacting to his tweet most netizens had a common response/thought of planting trees. At the end of the day, it comes to Climate Change. Making a change today will bring in a brighter future for our upcoming generations.
Tesla’s website claims that the Tesla community has saved millions of tons of CO2 by driving electric cars.
What is Carbon Capture?
It is a complex process of capturing waste carbon dioxide then transporting it to a storage site and then later depositing it in a storeage where it will not enter the atmosphere
How will carbon capture help tackle climate change?
Carbon capture will help tackle climate change as it helps reduce emissions from large industrial installations. When combined with bioenergy technologies for power generation, it has the potential to generate ‘negative emissions’, removing CO2 from the atmosphere.
Newly-sworn-in U.S. President Joe Biden has pledged to speed up the development of carbon capture technology as part of his sweeping plan to tackle climate change. He named Jennifer Wilcox, an expert in carbon removal technologies, as the principal deputy assistant secretary for fossil energy at the U.S. Department of Energy.