BlackRock CEO Says American ‘Practicalism’ Can ‘Make Energy Great’

Lawrence Fink warned that reducing the federal workforce, however, could backfire if it delays approvals for projects financed by private sector investors.
BlackRock CEO Says American ‘Practicalism’ Can ‘Make Energy Great’
Larry Fink, CEO of BlackRock, speaks at a roundtable discussion at the COP28 Climate Conference at Expo City Dubai, United Arab Emirates, on Dec. 4, 2023. Sean Gallup/Getty Images
John Haughey
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HOUSTON—U.S.-based capital markets will fuel the private investment needed to grow the nation’s energy grid to build out an electrifying digital economy, BlackRock cofounder, Chair, and CEO Lawrence Fink told energy corporation leaders and innovators Monday.

President Donald Trump’s drive to dramatically scale back the nation’s federal workforce, however, could backfire by delaying approvals for projects and innovations financed by private sector investors, he said during the 43rd annual CERAWeek by S&P Global conference at the Americas Hilton-Houston.

John Haughey
John Haughey
Reporter
John Haughey is an award-winning Epoch Times reporter who covers U.S. elections, U.S. Congress, energy, defense, and infrastructure. Mr. Haughey has more than 45 years of media experience. You can reach John via email at [email protected]
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