Re:$100M xPrize for Carbon Removal
by burgessaccount on Tuesday July 13, 2021 @05:42PM
(#27826657)
I partly agree - yes, individual people spending money is not a long-term solution. But we aren’t even in the stage of needing stable, long-term solutions - we need immediate, drastic, dramatic actions. And there are already strong incentives for carbon capture technology - it’s a big and growing market. The bigger bottleneck is not in capture innovations, but in emissions-reduction action, now, here, this decade. So, yeah, I mean, I get why he wouldn’t personally choose to do it that way, and I guess I’m excited about the prize? But man do I wish he would do more.
Re:$100M xPrize for Carbon Removal
by liketochill on Tuesday July 13, 2021 @06:47PM
(#27827173)
He kind of has an interest in solar power
By incentivizing economical carbon capture, he might be able to kick off a self-funding industry, which would be an important part of the long term set of solutions needed to address atmospheric carbon increases.
He could also do other things like invest in some power plants too.