Elon Musk's Tech Challenge
Musk Offers $100 M Prize For Best Carbon Capture Technology
Global Competition & Need
Tesla founder and CEO Elon Musk is offering a $100 million prize for the best new carbon capture technology. Capturing greenhouse gas emissions is a key component of tackling Climate Change. But very little progress has been made on the technology to date. The International Energy Agency says taking carbon out the the air is an essential component for reaching net-zero emissions targets.
Entrepreneurial Challenge
Elon Musk has become the #1 & #2 richest person in the world from his many entrepreneurial successes. He founded and is CEO of Tesla, SpaceX, The Boring Company and Neuralink. He announced the $100 million competition on Twitter. He promised more details on the challenge this week. Meanwhile, President Joe Biden is also accelerating the development of carbon capture technologies as part of his agenda to tackle Climate Change.
Innovation Information Center
To take a look at journalist Edward Kane's latest book "New Inventions For The 2020's Part 1", go to https://read.amazon.com/kp/embed?asin=B08THWN8JD&preview=newtab&linkCode=kpe&ref_=cm_sw_r_kb_dp_toBdGb1FSSXFB It is the #1 New Release in Curiosities & Wonders on Amazon & Kindle. I co-authored the book with Ed.
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