The Tesla CEO took to Twitter to announce the million greenback prize for carbon seize expertise, which entails trapping Co2 and isolating it at a storage facility. Mr Musk has been outspoken about fossil gasoline utilization and local weather change, beforehand blasting it as “the dumbest experiment in human historical past”.
Mr Musk stated extra particulars on the prize cash shall be forthcoming, and shared he was searching for the “greatest” expertise.
He stated: “Am donating $100M in direction of a prize for greatest carbon seize expertise.”
Information outlet Tech Crunch speculated the prize cash shall be related to the Xprize Basis, a non-profit that hosts public competitions to encourage technological growth.
Final yr, Mr Musk prompt Tesla may develop a “kicka**” heating, air flow, and air con system.
It adopted a report from the European Fee which discovered heating and cooling for buildings and business made up half of the European Union’s whole vitality consumption.
In a name with buyers in April, the CEO stated: “As I stated on Twitter, I am personally extraordinarily excited to construct a kicka** HVAC system that additionally has hospital-grade particle filtration.
“Principally have a filtration that filters out viruses, micro organism, pollen, funghi, but additionally neutralizes silicon alkaline gases, that’s quiet and environment friendly. These are all issues we have achieved in our automobiles.
“I do not know if lots of people notice however the Mannequin S and X are the one automobiles on the earth which have a hospital working room-grade HEPA filter inbuilt. They’re very huge.“
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It comes after the Tesla CEO and SpaceX founder’s web value surged previously yr.
In accordance with the Bloomberg Billionaires Index, Mr Musk is value an estimated $201.4 billion.
Following his development in web value, Mr Musk requested his Twitter followers how he ought to spend his cash.
He added: “Vital suggestions is all the time tremendous appreciated, in addition to methods to donate cash that actually make a distinction (manner more durable than it appears).”
Speaking to German writer Axel Springer, Mr Musk indicated he desires to generate profits to present it away, or redirect it, to ardour tasks like house exploration.
He stated: “It’s going to take a number of sources to construct a metropolis on Mars. I need to have the ability to contribute as a lot as doable.”
SpaceX plans to begin crewed missions to Mars by 2026, with Mr Musk saying he’s “extremely assured” it may well occur.
He additionally publicly donated $257 million to the Musk Basis, which funds renewable vitality analysis, human house exploration analysis and different scientific fields.