Skip to main content

Elon Musk Pledges $100m Grant for Gigation Scale Carbon Removal Contest

Telsa co-founder Elon Musk pledges $100 million fund for innovations that would help remove carbon dioxide from the air or ocean. The world tycoon is seeking to finance teams with the ability to make substantial impact in the fight against climate change and rebalance world’s carbon cycle.
While making the announcement, Musk said: “This is not a theoretical competition; we want teams that will build real systems that can make a measurable impact and scale to a gigation level.” The teams should be able to develop a solution that can eradicate “carbon dioxide directly from the atmosphere or oceans and lock it away enduringly in an ecologically gentle way,” stated the X Prize Foundation.
The announcement came in the wake of Tesla’s revelation about $1.5 billion investment in bitcoin. The fund will benefit 15 teams to be selected from the “Carbon Capture Competition.” $50 million award will go to the grand prize winner, $20 million will be for the second best team and the third ranked will get $10 million.
The winning team must be able to elaborate how the technology can be upgraded to remove billions of tons of carbon dioxide in the foreseeable future. The grant is the biggest to be pledged by the Musk Charitable Foundation since its inception in 2002.
According to X Prize Foundation, top scientists estimate that we need to remove more than 6 gigations of carbon dioxide from the atmosphere by 2030 and 10 gigations by 2050 to avert climate crisis.


Labels:

Comments

Post a Comment

Popular posts from this blog

How Human Brain will replace Smartphones in communication

Elon Musk envisiges a future where smartphones are obsolete and communication happens directly through the brain.  According to Musk, Neuralink the brain-computer interface that his company is developing, could eventually replace phones entirely. Imagine navigating the internet, sending and receiving text messages, or even making calls, all with just your thoughts. This sounds like fictional science. However, Musk believes the integration of humans and artificial intelligence is a necessary mileage for human evolution.  Neuralink’s potential extends far beyond convenience; it could disrupt the field of medicine, communication and the way we interact with technology forever. The future Musk envisions is not just coming, it's already in the pipeline. NEURALINK will make Smartphones completely obsolete. Neuralink is a company that was found by billionaire Elon Musk and develops brain-computer interface technology. Its goal is to connect the human brain to computers so as t...
Post a Comment
Read more

Why Matiang'i comeback threatens Ruto's re-election bid

  Former Interior cabinet secretary Dr. Fred Matiang'i is a great rival to President William Ruto in his 2027 re-election contest. Matiang'i is set to give Ruto a run for his money, owing to his track record as a cabinet secretary in the previous regime.  Former President Uhuru Kenyatta trusted Matiang'i more than any other cabinet secretary due to his workaholic nature and might be forced to finance his presidential quest.  The former Interior CS is reportedly eyeing the presidential seat on a Jubilee ticket, as alluded by the party's secretary general Jeremiah Kioni. Ruto's dalliance with the doyen of opposition politics and ODM party leader Raila Odinga had complicated the opposition's quest to unseat the sitting Head of State. Matiang'i comeback seals the vaccum left by Raila's departure. Why Ruto might lose Kenya's presidential seat in 2027 Ahead of 2022 general elections in Kenya , President William Ruto promised Kenyans heaven on Earth onl...
Post a Comment
Read more

Uproar after armed goons infiltrate women press briefing at KHRC

Armed militia stormed KHRC, causing lots of chaos, confusion and mayhem. Goons disrupted Kenya Human Rights Commission (KHCR) press conference in Nairobi on Sunday, and accused the organizers for planning Saba Saba protests . Mothers had convened at the KHRC offices to address issues related to seeking Justice for victims of police brutality. The attack prompted the conveners to scamper for safety. According to Standard Media, one journalist attached to them lost a phone which was snatched from him by one of the goons. Former Chief Justice David Maraga condemned the Sunday attack.  Maraga voiced his criticism on his social media account and advised the president that such acts might lead to anarchy. “I vehemently condemn the violence against mothers gathered at KHRC to speak up against the use of violence at tomorrow’s Saba Saba commemoration,” Maraga wrote on his X account (formerly Twitter).  He added that President Ruto should cease using armed militias against Kenya...
Post a Comment
Read more