{"id":517902,"date":"2022-08-30T09:54:40","date_gmt":"2022-08-30T04:24:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=517902"},"modified":"2022-08-30T10:49:07","modified_gmt":"2022-08-30T05:19:07","slug":"fracking-giant-liberty-energy-says-fossil-fuels-to-rule-for-decades","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fracking-giant-liberty-energy-says-fossil-fuels-to-rule-for-decades\/","title":{"rendered":"Fracking giant Liberty Energy says fossil fuels to rule for decades"},"content":{"rendered":"<p>Chris Wright, who runs America\u2019s second-biggest frack services company, said there\u2019s no energy transition underway and warned subsidies for wind and solar will only drive up power prices and increase grid instability. <\/p>\n<p>\u201cWe\u2019re investing a lot of money in some new energy technologies; some of this is great, but it\u2019s not an energy transition,\u201d Wright, chief executive officer at Denver-based Liberty Energy Inc., said during a Bloomberg TV interview on Monday. \u201cThree decades from now the vast majority of energy will come from hydrocarbons.\u201d <\/p>\n<p>Wright\u2019s comments are in stark contrast to the positions mapped out by other oil and gas executives and trends highlighted in government and private-sector data.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chris Wright, who runs America\u2019s second-biggest frack services company, said there\u2019s no energy transition underway and warned subsidies for wind and solar will only drive up power prices and increase grid instability. \u201cWe\u2019re investing a lot of money in some new energy technologies; some of this is great, but it\u2019s not an energy transition,\u201d Wright, chief executive officer at Denver-based Liberty Energy Inc., said during a Bloomberg TV interview on Monday. \u201cThree decades from now the vast majority of energy will come from hydrocarbons.\u201d Wright\u2019s comments are in stark contrast to the positions mapped out by other oil and gas [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-517902","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=517902"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/517902\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=517902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=517902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=517902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}