Tesla CEO Musk puts US$100mil jolt into quest for carbon removal

"I'm open to increasing the prize size, too, over time," Musk said on a video feed that showed him outdoors, barefoot in a black shirt with a forest in the background.(ile pic shows Elon Musk)

Billionaire entrepreneur Elon Musk on Thursday offered inventors US$100 million in prize money to develop ways to fight global warming by removing carbon dioxide from the atmosphere or ocean.

"Right now we've only got one planet, said Musk, CEO of electric carmaker Tesla Inc. "Even a 0.1% chance of disaster -- why run that risk? That's crazy!"