•   
  •   

US News Elon Musk offers 100 million dollars for the best carbon capture technology

11:40  26 january  2021
11:40  26 january  2021 Source:   insideevs.de

Is the Stock Exchange becoming a big casino, because of the central banks?

 Is the Stock Exchange becoming a big casino, because of the central banks? © Wikimedia Is the Stock Exchange becoming a big casino, because of central banks? IPOs, bitcoin, Tesla, Signal ... Market aberrations and extreme volatility are increasing on the stock market. A situation largely attributable to the massive liquidity injected by central banks and the frantic quest for yield from investors ...

FILE PHOTO: CEO of Tesla Motors Elon Musk reacts following the company's initial public offering at the NASDAQ market in New York. "Am donating $ 100 M towards a prize for best carbon capture technology ," Musk wrote in a tweet, followed by a second tweet that promised "Details next week."

Elon Musk recently announced his intention to donate $ 100 million to the “ best ” carbon capture technology . The problems, however, holding carbon capture are economic, and a Silicon Valley mindset that champions disruptive innovation will fail to advance this important industry.

High price exposed for CCS technology to reduce CO2 Introducing removing CO2 from the atmosphere. With this, Musk is aiming at what is known as carbon capture and storage (CCS).

Tequila, lanciafiamme e tavole da surf: tutte le pazzie di Elon Musk © InsideEVs Germany Tequila, lanciafiamme e tavole da surf: tutte le pazzie di Elon Musk CCS is mainly used by energy suppliers who have to reduce the effects of burning fossil fuels on the environment. But as good as the concept sounds: CCS is quite expensive.

In order to promote CO2 separation, Elon Musk has now decided to offer a prize for the best CCS technology. How to take part in the competition is not yet known; however, more information will follow, Musk said.

Elon Musk wants to pay $ 100 million to whoever invents the best technology for CO2 reduction

 Elon Musk wants to pay $ 100 million to whoever invents the best technology for CO2 reduction Tesla and SpaceX CEO Elon Musk announced on Thursday its latest philanthropic project: a competition to promote innovative technologies for CO2 reduction Deposition. "I'm donating $ 100 million in an award for the best carbon capture technology," tweeted to Musk, adding that he will be sharing details next week.

(Reuters) - Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $ 100 million prize for development of the " best " technology to capture carbon dioxide "Am donating $ 100 M towards a prize for best carbon capture technology ," Musk wrote in a tweet

(Reuters) - Tesla Inc chief and billionaire entrepreneur Elon Musk on Thursday took to Twitter to promise a $ 100 million prize for development of the " best " technology to capture carbon dioxide emissions.

Am donating $ 100M towards a prize for best carbon capture technology

- Elon Musk (@elonmusk)

January 21, 2021

When it comes to using fossil fuels, Elon Musk's stance is pretty tough. At a conference on the Paris climate agreements, he described emitting large amounts of CO2 into the atmosphere as the stupidest practice in history. He stated that "97 percent of scientists believe that CO2 has caused more damage than all wars combined". More news about Tesla:

record: Tesla sold half a million cars in 2020

Tesla's holiday update for the software: With fart noise and more

Musk is already working with Tesla and its other companies for the energy transition . This is also shown by his ambitions in the field of solar energy and energy storage. Currently the richest person in the world (according to the Bloomberg Billionaires Index, he recently overtook Amazon founder Jeff Bezos), he tries to contribute financially to research into CCS technologies. Is that why Musk recently sold all of its properties?

Linde share increases: Quarterly dividend increased by 10 percent - new share buyback program

 Linde share increases: Quarterly dividend increased by 10 percent - new share buyback program Linde plc increases the quarterly dividend by 10 percent to 1.06 US dollars per share. © Provided by Finanz.net Andrew Burton / Getty Images The distribution will be paid on March 22nd to those shareholders who held shares on March 5th, announced the gas company. Linde is thus fulfilling its promise to increase the dividend every year. Linde announces new share buyback program for up to 5 billion dollars Linde has announced a new share buyback program.

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk plans to donate $ 100 million in prize money towards the best carbon capture technology .What Happened: The billionaire tweeted his Am donating $ 100 M towards a prize for best carbon capture technology > > -- Elon Musk (@ elonmusk ) January 21

Tesla and SpaceX CEO Elon Musk teased his latest philanthropic endeavor on Thursday: a contest aimed at encouraging more innovative carbon capture Ford Motor Co. stock gets an upgrade to buy from J.P. Morgan on expectations for the auto maker's 'incoming tide of hot new products.'

I am selling almost all physical possessions. Will own no house.

- Elon Musk (@elonmusk)

May 1, 2020

Back in May, Musk had already mentioned that he wanted to give up his property. "Ownership is a burden," said Musk at the time. Now the Tesla boss has implemented his plan. His seven houses appeared on the real estate website Zillow.com. Between June and December 2020, he sold virtually all of them for a total of $ 137 million. One of the most valuable objects is a villa at 10911 Chalon Rd, Los Angeles, CA 90077, which can still be found on Zillow.com . It was sold for $ 29 million.

While this and several other properties are in Bel-Air, a luxury district of Los Angeles, there is an in San Francisco, the address is Crystal Springs Road 891 . At 19 acres, the property is "one of the largest properties on the San Francisco Peninsula" according to Zillow.com. Built in 1916, it has ten bedrooms, as many bathrooms, a banquet hall and a ballroom on a total of 1,500 square meters.

Source:

InsideEVs Italy (Musks Real Estate)

Gold price: Chart traffic lights jumped to "yellow" .
In the course of a slight dollar weakness, the gold price is oriented towards somewhat higher regions. From a technical chart perspective, however, the situation has deteriorated considerably. © Provided by Finanz.net Mario Vedder / Getty Images by Jörg Bernhard Most recently, the long-term 200-day line in the range of 1,851 dollars was undershot, which is considered a sell signal in the chart. Important to know: In the past three months, these signals have always proven to be a "bear trap".

usr: 0
This is interesting!