President Trump has selected Chris Wright, the CEO of fracking company Liberty Oilfield Services, to be energy secretary. This decision has drawn mixed reactions, with some praising Wright’s industry experience and others expressing concern about his lack of government experience. Wright has been a vocal advocate for fracking, a controversial process that involves drilling into the earth and injecting water and chemicals to extract oil and gas. Supporters of fracking argue that it is a safe and efficient way to produce energy, while opponents say it can contaminate water and air and contribute to climate change. Wright’s nomination must be approved by the Senate before he can take office.
Tag: Energy Policy
Exxon Chief to Trump: Don’t Withdraw From Paris Climate Deal
ExxonMobil CEO Darren Woods urged President Trump to stay in the Paris climate agreement, underscoring the growing chorus of business leaders imploring the administration to reconsider its stance. In a letter to Trump, Woods stated that withdrawing from the deal would undermine U.S. leadership on climate change and damage the country’s economic competitiveness. He emphasized that the agreement provides a framework for global cooperation on climate change and aligns with ExxonMobil’s own commitment to reducing emissions.