Elon Musk announces competition to foster CCUS Technologies

10/02/2021

On January 22, the well-known tycoon, Elon Musk, announced on his social networks that he would award 100 million dollars to the best CO2 capture technology.

After waiting a few days, we already know some more information.

As he has stated, 15 selected teams from around the world will compete with $1m each. In a competition that is expected to last four years, the winner will receive $50m, the second $20m and the third $10m.

The full guidelines will be posted on April 22.

More information at Elon Musk pledges $100m to carbon capture contest
 

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