She also said the Biden administration has created a new office to help fossil fuel workers identify new opportunities.
(Bloomberg) Jennifer Granholm used her first speech as U.S. Energy Secretary to warn oil and gas companies they risk being left behind unless they embrace a transition to cleaner sources of energy, while also offering them an opportunity to partner with the new administration.
“I’m not going to sugarcoat how hard transitions are,” Granholm said Wednesday during IHS Markit’s annual CERAWeek conference. “The bottom line is this particular growth of clean energy and reduction of carbon provides a huge opportunity and I’m extending a hand of partnership.”
DOE oversees the USA s nuclear warhead arsenal, the Strategic Petroleum Reserve, and billions of research dollars.
(Bloomberg) Jennifer Granholm was confirmed as Secretary of Energy, putting the former Michigan Governor at the head of agency that will play a key role in implementing President Joe Biden’s ambitious climate agenda.
The Senate voted 64-35 to confirm Granholm to run the sprawling agency, which has an annual budget of $35 billion and national research laboratories spread across 17 states. The department has a wide-ranging mission, including helping to build the nation’s arsenal of nuclear warheads, safe-guarding its emergency supply of oil, and spending billions researching energy technologies.