Energy & Science
Energy Secretary Says Oil Industry Must Embrace Green Transition
- Granholm ‘not going to sugarcoat how hard transitions are’
- Energy Department sets up office to help fossil-fuel workers
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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.”