'Time is of the essence': Elon Musk unveils $100m carbon capture competition

Cecilia Keating
clock
Elon Musk overtook Jeff Bezos to become richest man in the world in January
Image:

Elon Musk overtook Jeff Bezos to become richest man in the world in January

Contest organiser said solutions able to remove one US ton of carbon from the air or ocean daily are eligible to enter the prize, which launches in April

Tesla CEO Elon Musk has launched a new global carbon capture competition that will see the billionaire entrepreneur funnel $100m into innovative projects designed to remove large quantities of CO2 from...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on CCS

Credit: iStock

Octopus Real Estate doles out £26m in loans to four UK green housing projects

The loans form part of the £175m Greener Homes Alliance with Homes England

clock 19 August 2022 • 3 min read
Credit: iStock

Green aluminium: Indian firms join forces to fuel smelter with 24-hour renewable power

Project aims to power Hindalco’s Aditya Aluminium smelter with solar, wind and hydro pump storage provided by Greenko Group

clock 19 August 2022 • 3 min read
Credit: Arbikie Distillery

Hy spirits: Arbikie Distillery given green light for onshore wind and hydrogen project

Wind turbine and electrolyser at the Montrose distillery in Scotland which will produce green hydrogen to power production of whisky, gin and vodka

clock 19 August 2022 • 2 min read