Elon Musk calls for carbon price to halve the transition time to clean energy

Businessman and innovator says a scheme similar to the one Australia abandoned would make a huge difference in tackling climate change

One of the world's greatest innovators, Elon Musk, says the key to tackling climate change and driving clean energy innovation is a carbon price very similar to the one Australia abolished.

Addressing students at the Sorbonne University on the sidelines of the Paris climate summit, the electric car, powerwall battery and space tycoon said he believed a phased-in carbon price would halve the time it took the world to transition to clean energy, something that would make a huge difference to dangerous climate change.