Climate Finance
The CEO of electric car company Tesla is the latest to catch the president’s ear with the suggestion to put a price on carbon, floating the climate-friendly idea at meeting of business insiders at the White House.
As CEO of ExxonMobil, Rex Tillerson, now Trump’s nominee for Secretary of State, also backed the idea, which has support from other oil and gas companies as well.
There’s widespread agreement that putting a price on carbon emissions would drive market innovation; the biggest opponents are anti-tax politicians.
