Elon Musk announces a prize of 100 million dollars to develop this carbon capture technology
Elon Musk: It is known that capturing the emissions that cause global warming becomes one of the important parts of the main plans to control climate change in the world, but to date there has been very little progress that focuses in reducing emissions rather than extracting carbon from the air.
Tesla boss and world’s richest person Elon Musk announced a $100 million cash prize for the development of ‘The Best’ technology to capture carbon dioxide emissions.
Billionaire ELON MUSK
The billionaire had an idea to help the climate. the executive director of Tesla will donate $100 million for the solution of carbon capture Technology.
This is the most recent activity of Elon Musk, who passed away. Jeff Bezos To become the richest person, his new plan is to tackle a world problem like global warming. Carbon dioxide is emitted when fuels are burned, be it from cars, from electricity generation and this gas is blamed for severe global warming.
In addition to Tesla, Musk runs Space x, which is the Rocket Company, and Neuralink, which works at startup, which forms a combination of a human machine from an ultra-high bandwidth of the computer.
Musk said in an interview that he is willing to work in a world with less greenhouse gas emissions, his goal is to produce 20 million electric vehicles in a year.
Carbon capture and storage is a combination of two different technologies that share the same goal of trapping the carbon dioxide that is causing a greenhouse effect. The reason is to stop their emission to the atmosphere and install to capture emissions directly from industry, power plant or air.
Elon Musk in a recent interview he said Are we changing the world if we’re not changing 1% of the world’s fossil fuel vehicles? Musk asked on the company’s third-quarter earnings conference call. “I’m not sure we can make that argument unless we change at least 1% of vehicles a year. So that’s where the [20 million vehicles] a year is coming. It is like 1% of the 2,000 million vehicles, which is the current world fleet”.
Role of the new president in this
The new US president Joe Biden he officially signed 15 executive orders from office to undo some kind of work done by the Mr. Trump administration. The previous president withdrew from the Paris Climate Agreement and said that it was not fair to the US and also mentioned that the US contribution is much more in climate change regulations, while China’s work is much less on this.
To fight climate change, President Biden appointed Jennifer Wilcox, a specialist in carbon removal technology, as the US Deputy Assistant Secretary for Fossil Fuels, also known as the Department of Energy.
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