TELETRADER News
1/22, 1:01 AM (Source: TeleTrader)
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Chevron-0.98%

102.34
Chart for: Chevron Corp

PepsiCo-1.61%

130.00
Chart for: PepsiCo

Tesla-7.97%

683.14
Chart for: Tesla

Musk donates $100M for carbon capture technology

Tesla's Chief Executive Officer Elon Musk confirmed he will be donating $100 million "towards a prize for best carbon capture technology."

Capturing carbon dioxide (CO2) involves the direct removal of CO2 from flue gas streams through post-combustion techniques.

Musk, therefore, joined a global list of leaders and governments that decided to intervene and combat the climate change challenge. Among companies that first began combating climate change are Chevron and PepsiCo.

Breaking the News / TF