Elon Musk announces the start of a $ 100 million competition

Last January, we published an article entitled “Elon Musk Pledges $ 100 Million for Everyone Who Helps Solve This Problem”. Yesterday Elon Musk used Earth Day to bring this immense reward into play for researchers who will be able to solve his problem. As a reminder, Elon Musk is looking for a solution to capture and eliminate carbon dioxide in our atmosphere or in the oceans.

Registrations are open

Despite appearances, Musk is not only thinking about conquering Mars, he also seems particularly concerned about climate change on our planet. During his speech to announce the progress of this mission, the billionaire stated, “At the moment we only have one planet”. He also used this forum to explain how this historic competition will take place. It is, in fact, the “greatest incentive award in history”.

The competition will last 4 years until Earth Day 2025. Today we have reached a point where efforts to reduce CO2 emissions are never important again, but many scientists agree that the existence of a technology to capture and remove carbon dioxide is essential for all human beings in the future.

The goal of the XPRIZE Carbon Removal launched by Elon Musk and the Musk Foundation is therefore particularly clear. This “competition” aims to find a sustainable solution with which 1000 tons of carbon dioxide can be captured and eliminated per year, with the possibility of increasing this yield in the long term. Elon Musk stays clear and says, “I think this is one of the things that will take a while to come up with the right solution. And most importantly, to determine the best economic conditions for eliminating CO2. “

It is important to clarify that we currently live in a world that emits around 50 billion tons of carbon dioxide annually. To date, removing a ton of CO2 can cost up to $ 300. The XPRIZE Carbon Removal could therefore improve this situation considerably, registrations are open.

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