Brouillette argued that natural gas is essential to keep the economy running as demand increases, but fracking will not kill the coal industry.
“Maybe it will be used a little less for power generation, but it has a bright future in the sense that we can start developing some of the rare earth elements that can be extracted from coal, which are very important for grid power generation.” to scale battery storage,” explains Brouillette. “And that’s important for the renewable industry, the renewable electrical industry. So still a very bright future.”
The potential elimination of fracking technologies, which produce cheap natural gas, is a concern for workers in states like Pennsylvania, the Secretary of Energy added. According to the US Chamber of Commerce, about 19 million jobs could be affected by laws prohibiting the practice.
Under President Trump’s policy of producing all forms of energy, Brouillette explained, the American economy grew by 17% and CO2 emissions by 14%. Going forward, he added, the US is aiming to stick to its all-from-the-above strategy.
“Yes, we want to promote renewable energies. Yes, we want to advance the development of fossil fuels. Yes, we want to promote the development of nuclear energy, which is emission-free,” he said. “All of these things are required to generate the amount of energy we need to grow this economy.”