Nov 16, 2024
Trump Nominates Chris Wright as Secretary of Energy
President-elect Donald Trump has nominated Chris Wright, CEO of Liberty Energy, as the next Secretary of Energy, signaling a shift toward increased fossil fuel production.
President-elect Donald Trump announced his intention to nominate Chris Wright, the CEO of Liberty Energy, for the position of Secretary of Energy. Wright, known for his strong advocacy of hydraulic fracturing and skepticism toward climate change initiatives, is expected to support policies that enhance fossil fuel production and reduce green energy regulations. His nomination marks a significant departure from the renewable energy focus of the previous administration under Jennifer Granholm. Read more.
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Renewable Energy Investors Receive Mixed Signals In The U.S.
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In the first quarter of 2025, the U.S. installed 4.4 GW of utility-scale solar power, marking a 30% decrease from the previous year’s record, as policy uncertainties and market challenges impact the renewable energy sector.