Trump Picks Oil Executive as Head of the Department of Energy

Chris Wright, chief executive of Liberty Energy, has been nominated to lead the Department of Energy in the Trump administration. Wright is a vocal critic of the energy transition as envisaged by most Western governments to date, instead calling for energy realism and prioritizing the supply security and affordability of energy rather than its emission footprint. “Three decades from now the vast majority of energy will come from hydrocarbons,” Wright told Bloomberg two years ago in an interview, also warning that subsidizing wind and…