Article 5DXDY Elon Musk pledges $100m to carbon capture contest

Elon Musk pledges $100m to carbon capture contest

by
Rupert Neate Wealth correspondent
from Environment | The Guardian on (#5DXDY)

Fifteen teams will get $1m to develop ideas, with a $50m prize awaiting the winner

The Tesla co-founder Elon Musk has offered a $100m (73m) fund for inventions that remove carbon dioxide from the atmosphere or oceans.

Musk, who has built up an estimated $203bn fortune, said he wanted scientists to make a truly meaningful impact" and achieve carbon negativity, not neutrality".

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