2030 Finance | January 28, 2017

Elon Musk takes the business case for a carbon tax to Trump

The team at


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.