Elon Musk, the world’s richest person, has announced a prize of $ 100 million or Rs 730 crore as per the Indian currency to the person who is aware of the carbon capture technology which reduces carbon dioxide emissions. Let us tell you that Tesla Inc. is the world’s largest electric car manufacturer. And CEO of Space X.
Reward announcement on twitter
Elon Musk also wrote on his official tweet handle that, “I announce a reward of $ 100 million for the best carbon capture technology,” in his second tweet, Allen wrote, “Details next week.” “
Am donating $ 100M towards a prize for best carbon capture technology
– Elon Musk (@elonmusk) January 21, 2021
Let us know that there is a stir on social media after Elon Musk announced such a huge prize. His tweet has received more than 3 lakh likes and comments so far.
Here you go. Please DM me for bitcoin address pic.twitter.com/RhG49d3Ug7
– Saifedean.com (@saifedean) January 22, 2021
Planet-warming emissions Focus on reducingNon focused
According to the Reuters report, reducing planet-warming emissions is now becoming an important part of many planning to prevent climate change. The same technology has not made much progress so that instead of extracting carbon from the air, the focus can be on reducing emissions.
WATCH: Elon Musk is offering a $ 100 million prize for the best technology to scrub carbon dioxide out of the atmosphere. Capturing carbon emissions is becoming a critical part of many plans to keep climate change in check https://t.co/Q8kx0ur57r pic.twitter.com/3MlvFWtyrH
– Reuters India (@ReutersIndia) January 23, 2021
Why the Alan has announced the award
Now the question arises as to why Allen has announced such a huge prize money for carbon capture technology. So let me tell you that this announcement made by Elon Musk is related to his many types of business. Actually Alan’s interest is in technological solutions to environmental problems. At the same time, carbon capture and storage is made up of many technologies whose sole purpose is to trap the greenhouse gas carbon dioxide and inhibit it from entering the atmosphere.
Significantly, this gas is responsible for the rising temperature of the Earth. In such a situation, the use of this technology will be able to capture emissions from power plants, industry or even direct air. Let us know that at present there are about two dozen big plants in the world, from which about 40 million metric tons of carbon dioxide can be captured every year. This is about 0.1 percent of the world’s annual emissions.
Alan has recently become the world’s No.1 nobleman
Recently, in the list of billionaires released by Bloomberg, Allen has left behind Jeff Bezos of Amazon. Elon Musk has a net worth of $ 188.5 billion, which is $ 1.5 billion more than Bezos.
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