Categories: Business

Trump taps fracking magnate Chris Wright as energy secretary



US President-elect Donald Trump nominated fracking magnate and climate change skeptic Chris Wright as energy secretary on Saturday, tasking him with “cutting red tape” which the new administration hopes will drive investment in fossil fuels.

“As Secretary of Energy, Chris will be a key leader, driving innovation, cutting red tape, and ushering in a new ‘Golden Age of American Prosperity and Global Peace,’” Trump said in a statement.

Wright is founder of Liberty Energy, which serves the energy companies that have massively increased US fossil fuel production in recent years by extracting oil and gas from shale fields in a process known as “fracking.”

In a LinkedIn post a year ago, Wright denied that there was a “climate crisis.”

“There is no climate crisis and we are not in the midst of an energy transition either,” he said, adding that “the term carbon pollution is outrageous” because all life depended on carbon dioxide.

“There is no such thing as clean energy or dirty energy, all energy sources have impacts on the world both positive and negative,” he added.

Trump called him “one of the pioneers who helped launch the American Shale Revolution that fueled American Energy Independence, and transformed the Global Energy Markets and Geopolitics.”

How many degrees of separation are you from the globe’s most powerful business leaders? Explore who made our brand-new list of the 100 Most Powerful People in Business. Plus, learn about the metrics we used to make it.



Source link

Washington Digital News

Share
Published by
Washington Digital News

Recent Posts

Judge Says xAI Must Face NAACP Lawsuit On Data Center Pollution

The legal battle revolves around the AI company’s operations in southern Memphis. …

14 hours ago

‘Showy jewelry and fancy cars hold no appeal’: We have a 99% chance of outliving our life savings. Why not spend it all?

“I’m 68, she’s 74, and we’re both in good health. We married later in life…

14 hours ago

U.S. GDP grows more in Q3

The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at…

14 hours ago

Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run

▶Bitcoin Magazine Mike Flaum: MSTR Performance “Massively” to the Upside During Next BTC Bull Run…

15 hours ago

You should pick your credit card perks like Warren Buffett picks his stocks, TD Bank exec says

If you’re a Boglehead like myself, you can talk endlessly about the compounding powers of…

15 hours ago

Soaring health insurance costs are quietly preventing wages from rising higher

Open enrollment season for health care plans is about to begin, and many Americans may…

15 hours ago