17 Nov 2024 | 06:17:41 AM IST
Synopsis
Breaking News Live: President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary in a second Trump administration. Wright, CEO of Denver-based Liberty Energy, is a vocal advocate of oil and gas development, including fracking, a key pillar of Trump’s quest to achieve US “energy dominance” in the global market.
Wright has won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term.
Hamm helped organise an event at Trump’s Mar-a-Lago resort in April where Trump reportedly asked industry leaders and lobbyists to donate USD 1 billion to Trump’s campaign, with the expectation that Trump would curtail environmental regulations if re-elected.
Wright has been one of the industry’s loudest voices against efforts to fight climate change and could give fossil fuels a boost, including quick action to end a year-long pause on natural gas export approvals by the Biden administration.
Wright has criticised what he calls a “top-down” approach to climate by liberal and left-wing groups and said the climate movement around the world is “collapsing under its own weight”.
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G20: Israel says summary statement “unbalanced and biased”, urges to “include recognition of nation’s right to defend itself”
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- China’s leader Xi Jinping met for the last time with U.S. President Joe Biden on Saturday but was already looking ahead to President-elect Donald Trump and his “America first” policies, saying Beijing “is ready to work with a new U.S. administration.”
- During their talks on the sidelines of the annual Asia-Pacific Economic Cooperation summit in Peru, Xi cautioned that a stable China-U.S. relationship was critical not only to the two nations but to the “future and destiny of humanity.”
- “Make the wise choice,” he cautioned. “Keep exploring the right way for two major countries to get along well with each other.”
Netflix says 60 million households worldwide tuned in for Paul-Tyson match, reports Reuters
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Trump names fossil fuel executive Chris Wright as energy secretary
- President-elect Donald Trump has selected Chris Wright, a campaign donor and fossil fuel executive, to serve as energy secretary in a second Trump administration. Wright, CEO of Denver-based Liberty Energy, is a vocal advocate of oil and gas development, including fracking, a key pillar of Trump’s quest to achieve US “energy dominance” in the global market.
- Wright has won support from influential conservatives, including oil and gas tycoon Harold Hamm. Hamm, executive chairman of Oklahoma-based Continental Resources, a major shale oil company, is a longtime Trump supporter and adviser who played a key role on energy issues in Trump’s first term.
- Hamm helped organise an event at Trump’s Mar-a-Lago resort in April where Trump reportedly asked industry leaders and lobbyists to donate USD 1 billion to Trump’s campaign, with the expectation that Trump would curtail environmental regulations if re-elected.
- Wright has been one of the industry’s loudest voices against efforts to fight climate change and could give fossil fuels a boost, including quick action to end a year-long pause on natural gas export approvals by the Biden administration.
- Wright has criticised what he calls a “top-down” approach to climate by liberal and left-wing groups and said the climate movement around the world is “collapsing under its own weight”. (AP)