US: New Energy Secretary Eyes Boosting Investments in Renewable Energy

US: New Energy Secretary Eyes Boosting Investments in Renewable Energy

The new secretary laid out some specific plans for cleaner energy. US President Joe Biden's new energy secretary has come out fighting for renewable energy in her first big keynote address since getting Congressional approval for her appointment. Jennifer Granholm told the CERAWeek energy forum in Houston, Texas, that the US had previously "stood on the sidelines" as rival nations developed carbon-neutral policies and technologies. "But no more," she told Pulitzer Prize-winning oil historian Daniel Yergin. Granholm said that the plans to make the world net zero in energy terms by 2050 “” to which the Biden administration has signed up “” presented $23 trillion worth of economic opportunities, and she asked: "Where are those investments going to be? Are they going to be in China? Are they going to be in other economic competitors to us? "You better believe other countries are vying for this economic sector. So, are we going to get in a battle, or are we going to bring a knife to a gunfight? Joe Biden is demanding that we get in the battle." Granholm added: "The Department of Energy is going to be one of our government's most fierce fighting forces as we pursue this