President-elect Donald Trump said on Saturday that he would be nominating Chris Wright, CEO of oilfield services company Liberty Energy, to the post of energy secretary.

Wright has denied that climate change presents a global crisis that needs to be addressed through a transition away from fossil fuels.

Liberty Energy (NYSE:LBRT) +3.6% early Monday after confirming that President-elect Trump nominated its Founder, Chairman and CEO Chris Wright for U.S. Secretary of Energy. Effective upon Wright's confirmation by the U.

Chris Wright, the CEO of Denver-based Liberty Energy is president-elect Donald Trump’s pick for U.S. Energy Secretary. Here’s what his impact could have on energy policy in the U.S

Key Takeaways President-elect Trump tapped Liberty Energy CEO Chris Wright as secretary of energy for his second term.Wright also sits on the board of Oklo, a nuclear energy company backed by OpenAI CEO Sam Altman.

President-elect Donald Trump on Saturday selected oil executive Chris Wright to be the next Secretary of the Department of Energy and a member of the newly formed Council of National Energy. Wright, the CEO of fracking company Liberty Energy,

Wright, the founder and CEO of Liberty Energy, will need to try and boost US energy production as electric vehicles (EVs) and cryptocurrency trading push up demand.