'You have the skillsets and knowledge to build some critical technologies at scale,' Granholm said.
Energy Secretary Jennifer Granholm speaks during the 2023 CERAWeek by S&P Global conference in Houston on March 8. Photo: Aaron M. Sprecher/Bloomberg via Getty Imagesand European governments wary of U.S. policy: Low-carbon transition isn't a zero-sum game.
Granholm praised the industry for boosting domestic oil production amid the Russia crisis in the speech, whichShe put a positive spin on tensions with EU officials over U.S. subsidies for low-carbon tech manufacturing projects. Granholm pointed out that's pushing Europe to boost support and called "friendly competition" helpful to the world.For instance, Granholm said: "We don't want to stoke trade wars or anything like that, but we are serious about bringing back supply chains into this country."
Oil execs argue the White House is stifling development, including what they fear will be a de facto rejection of ConocoPhillips' big Willow project in Alaska.
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