Douglas Sandridge writes in Energy Ruminations about the oil and gas industry’s support for nuclear power.
- While fossil fuels have accelerated human prosperity globally, many oil and gas executives believe that nuclear power deserves a greater role in the energy mix.
- Chris Wright, CEO of Liberty Energy, has said “If we desire to simultaneously preserve our existing standard of living, reduce carbon emissions and lift billions of people out of poverty, we will need to employ much more nuclear energy worldwide.”
- In addition to increased support for nuclear power, the oil and gas industry is also investing heavily in geothermal power.
- The private sector is well-equipped to expand clean energy production.
“Although oil and gas executives do not directly benefit from supporting or endorsing nuclear energy, it is evident that that most oil and gas executives support the expanded role of nuclear energy because of nuclear energy’s obvious benefits and practicalities. Having oil and gas executives openly support nuclear energy sends a powerful message to political leaders, policy makers and the general public about the need for improved energy literacy and better policy solutions.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
