Elon Musk will donate $ 100 million to the inventor of the best CO2 capture technology

Elon Musk, CEO of private space company SpaceX and American electric car manufacturer Tesla, has pledged a $ 100 million reward to anyone who creates the best carbon capture technology. The businessman wrote about this on his Twitter.


“I will donate $ 100 million as a prize for the best technology to capture carbon dioxide,” he said, adding that he will reveal the details of his proposal next week.

The capture process involves separating emissions from industrial and energy sources and then storing carbon dioxide so that it does not enter the atmosphere. The main goal is to combat global warming and environmental pollution.

Currently, according to Bloomberg, Musk is the richest person on the planet with a fortune of $ 201 billion. In 2020, against the background of the growth in the value of Tesla shares, it increased by $ 169 billion. However, according to Forbes calculations, Amazon CEO Jeff Bezos remains the world's wealthiest billionaire.

After Musk overtook Bezos in the list of the richest people in the world, he changed the pinned post on his Twitter page, placing there a post made in 2018 in which he promised to use half of his fortune to build a city on Mars. According to the businessman, he decided to sell all his property for the sake of colonizing the Red Planet. “In fact, I will have almost no property of monetary value other than company shares,” Musk said.

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