Hey Elon Musk, Is This Simple Green Idea Worth Your $100 Million Prize? "Am donating $100M towards a prize for best carbon capture technology," wrote Elon Musk in a tweet, promising details "next week". Updated: January 22, 2021 2:20 pm IST Elon Musk has offered $100 million as prize money for the best carbon capturing technology. Tesla chief and billionaire entrepreneur Elon Musk announced a $100 million prize for the "best" technology to capture carbon dioxide emissions, and many Twitter users had the same thought - plant more trees. Capturing planet-warming emissions is becoming a critical part of many plans to keep climate change in check, but very little progress has been made on the technology to date, with efforts focused on cutting emissions rather than taking carbon out of the air, according to a Reuters report.