{"id":18650,"date":"2021-01-23T17:00:11","date_gmt":"2021-01-24T00:00:11","guid":{"rendered":"https:\/\/www.emanualonline.com\/blog\/?p=18650"},"modified":"2021-01-23T17:00:11","modified_gmt":"2021-01-24T00:00:11","slug":"elon-musk-offers-100-million-for-the-best-carbon-capture-technology","status":"publish","type":"post","link":"https:\/\/www.emanualonline.com\/blog\/elon-musk-offers-100-million-for-the-best-carbon-capture-technology","title":{"rendered":"Elon Musk Offers $100 Million for the Best Carbon Capture Technology"},"content":{"rendered":"<p style=\"color: #ef8b09; font-size: large;\">Tech mogul and entrepreneur Elon Musk took will give $100 million to anyone who can bring him the &#8220;best&#8221; carbon-capture tech.<\/p>\n<p>The rapid pace of development and progress over the past century has driven the planet\u2019s resources to the brink of extinction. Sources say that at this current rate, pollution could soar past an acceptable level much earlier than the goals set by Paris Climate Agreement for the year 2100. Simply reducing carbon emissions is simply not enough.<\/p>\n<p>Consequently, numerous industries and organizations are now slowly shifting focus from reducing emissions to developing carbon capture and storage (CCS) technologies to prevent any excess carbon dioxide from having a negative impact on the atmosphere.<\/p>\n<p>Capitalizing on this opportunity, <a href=\"https:\/\/www.emanualonline.com\/blog\/tag\/elon-musk-1\/\">Elon Musk<\/a> announced on Twitter a $100 million prize to those who could develop the best carbon capture technology but kept most of the details under wraps. In a reply to his tweet, he mentioned that additional details would be revealed \u201cnext week.\u201d<\/p>\n<blockquote class=\"twitter-tweet tw-align-center\">\n<p lang=\"en\" dir=\"ltr\">Details next week<\/p>\n<p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1352392730408673281?ref_src=twsrc%5Etfw\">January 21, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nIn 2018, X-Prize conducted a similar competition and awarded each of the top 5 finalists an equal share of the $20 million prize towards developing these technologies.<\/p>\n<p>It\u2019s safe to say that Elon\u2019s prize money can not only create a difference towards the planet\u2019s wellbeing, but it will also help to boost his philanthropic image since he now holds the title of being the wealthiest man on the planet.<\/p>\n<p>Interestingly, he took to the matter to his devout followers, asking for advice on how to give away his wealth in the most effective way. His tweet read, \u201cCritical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems).\u201d<\/p>\n<p>Carbon capture will gain increasing importance as we slowly progress towards a better future. At least it\u2019s comforting to know that one man is ready to save what\u2019s left of the planet in the direst circumstances.<\/p>\n<p>Good one, Elon!<\/p>\n<p><em><a href=\"https:\/\/www.reuters.com\/article\/us-usa-musk-carbon-capture-idUSKBN29R024\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech mogul and entrepreneur Elon Musk took will give $100 million to anyone who can bring him the &#8220;best&#8221; carbon-capture tech. The rapid pace of development and progress over the past century has driven the planet\u2019s resources to the brink of extinction. Sources say that at this current rate, pollution could soar past an acceptable &hellip;<\/p>\n","protected":false},"author":40,"featured_media":18651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","footnotes":""},"categories":[5394],"tags":[9810],"class_list":["post-18650","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-technology","tag-elon-musk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Elon Musk Offers $100 Million for the Best Carbon Capture Technology<\/title>\n<meta name=\"description\" content=\"Tech mogul and entrepreneur Elon Musk took will give $100 million to anyone who can bring him the &quot;best&quot; carbon-capture tech.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.emanualonline.com\/blog\/elon-musk-offers-100-million-for-the-best-carbon-capture-technology\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk Offers $100 Million for the Best Carbon Capture Technology\" \/>\n<meta property=\"og:description\" content=\"Tech mogul and entrepreneur Elon Musk took will give $100 million to anyone who can bring him the &quot;best&quot; carbon-capture tech. The rapid pace of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.emanualonline.com\/blog\/elon-musk-offers-100-million-for-the-best-carbon-capture-technology\" \/>\n<meta property=\"og:site_name\" content=\"eManualOnline Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EmanualOnline\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-24T00:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdm.emanualonline.com\/blog\/wp-content\/uploads\/2021\/01\/Elon-Musk-featured.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Pranav Anand\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@sheldock221b\" \/>\n<meta name=\"twitter:site\" content=\"@eManualOnline\" \/>\n<meta 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