(1) History: Early Concepts: (3) 21st Century:No teams won the competition, but a team from MIT entered the first 2-gram (0. 07 oz), 100% carbon nanotube entry into the competition. Japan held an international conference in November 2008 to draw up a timetable for building the elevator. In 2008 the book "Leaving the Planet by Space Elevator", by Dr. Brad Edwards and Philip Ragan, was published in Japanese and entered the Japanese best seller list. This has led to a Japanese announcement of intent to build a Space Elevator at a projected price tag of a trillion yen (£5 billion/ $8 billion). In a report by Leo Lewis, Tokyo correspondent of The Times newspaper in England, plans by Shuichi Ono, chairman of the Japan Space Elevator Association, are unveiled. Lewis says: "Japan is increasingly confident that its sprawling academic and industrial base can solve those[construction] issues, and has even put the astonishingly low price tag of a trillion yen (£5 billion/ $8 billion) on building the elevator. Japan is renowned as a global leader in the precision engineering and high-quality material production without which the idea could never be possible". In 2011, Google was revealed to be working on plans for a space elevator at its secretive Google X Lab location. In 2012, the Obayashi Corporation announced that in 38 years it could build a space elevator using carbon nanotube technology. At 200 kilometers per hour, the design's 30-passenger climber would be able to reach the GEO level after a 7. 5 day trip. No cost estimates, finance plans, or other specifics were made. This, along with timing and other factors, hinted that the announcement was made largely to provide publicity for the opening of one of the company's other projects in Tokyo