Wright is the chief executive of oil and natural gas fracking services company Liberty Energy and sits on the board of a nuclear reactor company, according to his biography on Liberty’s website.
He has strongly advocated for the need for more fossil fuels, putting him in line with Trump’s repeated call for more oil production.
Wright has also expressed doubts about whether climate change is driving extreme weather events.
“There is no climate crisis, and we’re not in the midst of an energy transition either,” Wright said in a video uploaded to LinkedIn.
“We have seen no increase in the frequency or intensity of hurricanes, tornadoes, droughts or floods despite endless fear mongering of the media, politicians and activists,” he also said in the video. “The only thing resembling a crisis with respect to climate change is the regressive, opportunity-squelching policies justified in the name of climate change.”
No doubt these policies will bring short term (1 - 5 years) benefits, cheaper oil and less regulation is likely to reduce costs to consumers.
But long term, that’s when
themore shit will hit the fan.It won’t reduce anything. They don’t lower prices anymore, they raise profit. They know from Covid anyone with money can just do any thing they want because in a post democracy the court system will just kick the people to the curb.