Energy & Science
Legendary Trader Sees ‘Seismic Shift’ in Houston’s Oil Patch
- Energy industry is warming up to clean energy, Arnold says
- Prominent philanthropist sees changing attitudes on renewables
John Arnold
Photographer: Melissa Golden/Bloomberg
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For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s fossil-fuel industry seems finally ready to move on.
A year ago, talk in the Texas energy hub was mostly about defending oil and gas and denouncing renewables, Arnold, 47, said Monday on his Twitter account. Now, much of the discussion has shifted to clean-energy topics including wind, solar and batteries.