The Free Market Can Lead the Energy Transition. I’m Running the NYC Marathon to Prove It.

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A marathon is the perfect metaphor for the effort to change the way the world thinks about energy, Katie Mehnert writes in a guest commentary.

About the author: Katie Mehnert is CEO and founder of ALLY Energy, an ambassador to the U.S. Department of Energy’s Equity in Energy Initiative, and a member of the National Petroleum Council.

A powerful reminder of this came just days ago, when the Biden administration announced it is deploying $7 billion in funding for hydrogen projects. Hydrogen is promising because it can be consumed without producing emissions. The new funding should drive more than $40 billion in private investment and create thousands of jobs, Time reported.

Leaders from the energy sector know this. And we are in a unique position to show the nation that it’s possible to work together and increase profitability while transitioning the world into a new era of cleaner energy. The marathon course includes five bridges. People need to “bridge” their differences in order to advance the country along this path. And the economy will need bridge technologies such as natural gas as the capacity of renewable alternatives grows.

 

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