CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy.
Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy.
In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy.
Developing nuclear energy has become a big focus of the Biden administration’s Energy Department.
“Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.
Persons:
Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, “, we’ve, ”
Organizations:
CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency
Locations:
Denver, Oklahoma