Will the $25 million dollar reward for developing something that will extract greenhouse gases be handed out in the next 5 years? (ABC7 Futures Market)

Will the $25 million dollar reward for developing something that will extract greenhouse gases be handed out in the next 5 years?

Question will be judged on: 12/31/12 @ 11:59 PM PST

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Current value = probability prediction will occur, e.g. $10 = 10% chance prediction will occur.

PREDICTIONS	CURRENT VALUE	TODAY
Yes	$66.73	0.00
No	$33.27	0.00

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gases greenhouse

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Read about the reward money announced: http://www.cnn.com/2007/WORLD/europe/02/09/climate.prize.ap/index.html

Comments made:

“We have only our own ingenuity and we have no hope of a meaningful solution unless we find a way to work together,” Branson said. “Necessity is the mother of invention.”

“Up until now, what has not been asked seriously on a systematic basis is, is there some way that some of that extra carbon dioxide may be scavenged effectively out of the atmosphere? And no one knows the answer to that,” Gore said.