Elon Musk to Offer $ 100 Million to Help Solve this Problem

Among the latest news on Elon Musk, you surely knew that the CEO of Tesla and SpaceX, his most famous companies, ousted Jeff Bezos from his place as the richest man in the world. Except that since then, the CEO of Amazon has apparently taken this place because of a drop in Tesla's share price.

However, this is not the only news about this billionaire. Indeed, he recently asked his followers on Twitter about the projects where it would be appropriate to donate his money. While Elon Musk decided to donate half of his wealth to humanitarian causes.

Elon Musk to Offer $ 100 Million to Help Solve this Problem
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Among these, the visionary decided to launch a competition in which the one who offered him the best carbon capture technology would be awarded $ 100 million.

Encourage carbon capture technologies

It was on Thursday January 21 that Elon Musk announced the challenge on Twitter . He also added that he would give more information on the matter this week. Apparently, this competition would be aimed at encouraging carbon capture technologies. Earlier this month, he told his fans that " Critical comments are always highly appreciated as well as ways to donate money that really make a difference (which is way more difficult than there is. appears) ”.

Regarding global warming, Business Insider reports that the Earth's average temperature is surpassing the levels that the Paris Climate Agreement set as targets for 2100. A study published in Scientific Reports last November reported 'moreover called for companies and governments to begin " to develop technologies for the large-scale elimination of greenhouse gases from the atmosphere ".

Read also: When Elon Musk contacted Apple to try to resell Tesla

Even in the best-case scenario, 33 metric gigatons of CO2 should still be eliminated per year

However, the study also reports that even if there were no more greenhouse gas emissions by then, at least 33 metric gigatons of carbon dioxide should still be removed each year using capture. carbon.

This method was ultimately accepted as a safe form of geoengineering compared to other approaches and Joe Biden, who returned to the Paris Agreement on Wednesday, January 20, said his administration would take steps to " accelerate the development and deployment of carbon sequestration technology ”.

Read also: For Elon Musk, the first human settlers will set foot on Mars within 4 years

In the meantime, this competition launched by Elon Musk could also drastically change the game in the fight against climate change. And this, for once, positively.

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