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June 18, 2014 01:32 am GMT

Elon Musk Takes on Climate Change With Big Bets on Solar, Battery Tech

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NEW YORK — The energy world is not keeping up with Elon Musk, so he's trying to take matters into his own hands.

Musk, chairman of the solar installer SolarCity, announced Tuesday that the company would acquire a solar panel maker and build factories "an order of magnitude" bigger than the plants that currently churn out panels.

See also: 4 Ways You Can Make a Real Impact to Slow Climate Change

"If we don't do this we felt there was a risk of not being able to have the solar panels we need to expand the business in the long term," Musk said Tuesday in a conference call.

Musk is also a founder and the CEO of the electric vehicle maker Tesla Motors, which is planning what it calls a "gigafactory" to supply batteries for its cars. Read more...

More about Elon Musk, Us World, Us, and Climate

Original Link: http://feeds.mashable.com/~r/Mashable/~3/EAR-bb9O74o/

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