- Elon Musk released details of the $ 100 million XPrize Carbon Removal program on Thursday.
- Elon Musk sits barefoot wearing a mullet with XPRIZE President Peter Diamandis in Cape Canaveral, Florida.
- Musk added that “many people will probably die” at the start of Mars exploration.
- You can find more stories on our Business Insider page.
During a live stream Thursday announcing the $ 100 million XPrize carbon removal event, Elon Musk sat barefoot wearing a mullet with XPrize President Peter Diamandis in Cape Canaveral, Florida.
The competition is asking people to develop massive CO2 removal programs to help store and extract CO2 and rebalance the world̵7;s potentially dangerous high carbon emissions.
In order to be victorious “The team will have to demonstrate the cost of 1,000 tonnes per year of CO2 removal, the cost of a model at the million tonnes per year (megatons), and propose a sustainable yearly access to gigatons per year in the future,” according to the competition website.
The Elon Musk Foundation, Musk’s relatively new charity, is sponsoring the venture, and the $ 100 million prize fund will be the largest the organization has given up to date. Since criticism of his gentle charitable endeavors as the second richest man in the world, Musk has injected money into numerous organizations and causes.
During the conversation, Musk also talked about space travel to Mars, the planet he aims to transport humans through SpaceX and colonize.
“Is this a rich man’s escape?” Musk said.
“No,” he said with a laugh. Musk warned that “a lot of people might die” at the start of their Mars adventure. But like the previous dangers associated with the survey.