President-elect Donald Trump has appointed Chris Wright, the CEO of Liberty Energy, a fracking company based in Denver, as the new secretary of the Department of Energy. In addition to his new role, Wright will also be a member of the recently established Council of National Energy, which aims to incorporate multiple agencies involved in various aspects of energy—from permitting to regulation and transportation. North Dakota Governor Doug Burgum, who Trump has nominated for the Department of the Interior, will chair the council.
In his announcement, Trump praised Wright as a leading figure in the energy sector, highlighting his extensive experience in various fields such as nuclear, solar, geothermal, and oil and gas. Trump noted Wright’s pivotal role in the American Shale Revolution, which significantly reshaped energy independence in the U.S. and altered global energy dynamics.
Aside from his leadership at Liberty Energy, Wright serves on the board of a modular nuclear reactor company and has expressed an interest in the potential of nuclear energy—a key focus within the current administration’s Energy Department. The department oversees the National Nuclear Security Administration, which manages the U.S. nuclear stockpile.
Harold Hamm, a billionaire involved in the fracking industry and an advisor to Trump on energy matters, recommended Wright for the position, describing him as exceptionally intelligent and capable.
While Wright acknowledges the link between fossil fuel use and climate change, he has expressed skepticism regarding the connection between climate change and extreme weather events. He remains a vocal advocate for fossil fuels, emphasizing their importance in lifting developing nations out of poverty. In a recent interview, he described calls for a rapid transition away from fossil fuels as unrealistic, arguing that the global economy still relies heavily on oil and gas.
Wright’s perspective aligns with a broader debate in the energy sector regarding the pace of the transition to renewable sources. While organizations like the International Energy Agency have issued warnings about new fossil fuel development in the context of global warming, Wright asserts that halting current energy systems without a viable alternative could be detrimental.
This appointment could signal a significant shift in U.S. energy policy, placing a strong emphasis on fossil fuel usage while navigating complex global energy challenges.
The ongoing discussion around energy transition presents both challenges and opportunities. Innovations in energy technology and a balanced approach may pave the way for a sustainable future, marrying traditional energy sources with the advancements in renewable energy solutions.