Trump's Energy Pick Signals Major Shift in U.S. Climate Policy

Houston, Monday, 18 November 2024.
Chris Wright, CEO of Liberty Energy and climate change skeptic, has been nominated as U.S. Energy Secretary. His appointment could reshape American energy policy, combining fossil fuel advocacy with nuclear innovation through his Oklo board position. As a fracking pioneer who once drank fracking fluid to prove its safety, Wright’s nomination marks a dramatic departure from current environmental policies. Market reaction was immediate, with Liberty Energy’s stock jumping 5% and nuclear startup Oklo surging 15% on the news. Wright’s stance that ‘there is no climate crisis’ signals a potential reversal of Biden-era environmental initiatives.