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,

Chris Wright, a Denver energy company executive who denies that climate change is a pressing threat, is President-elect Trump's pick to lead the U.S. Department of Energy. Why it matters: The appointment puts Wright,

Wright has been one of the industry's loudest voices against efforts to fight climate change and could give fossil fuels a boost, including quick action to end a year-long pause on natural gas export approvals by the Biden administration.