Billionaire Elon Musk has offered inventors $US100 million ($129 million) on Earth Day to fight global warming by developing carbon dioxide removal technology for the “largest incentive prize in history”.
- The challenge was announced after the entrepreneur appeared on a live stream discussing carbon removal
- Participants are tasked with developing technology that removes 1,000 tonnes of carbon dioxide from the atmosphere annually
- The UN says carbon removal technology is needed to slow global warming
“Right now we’ve only got one planet,” said Mr Musk. “Even a 0.1 per cent chance of disaster — why run that risk? That’s crazy!”
The announcement came shortly after XPRIZE founder Peter Diamandis and Elon Musk sat down…