Key Takeaways President-elect Trump tapped Liberty Energy CEO Chris Wright as secretary of energy for his second term.Wright also sits on the board of Oklo, a nuclear energy company backed by OpenAI CEO Sam Altman.

CORRECTION: This article has been updated to correct the year of Liberty Energy Inc.’s founding. Liberty Energy Inc.’s stock rose Monday after President-elect Donald Trump announced he would nominate its founder and chief executive,

President-elect Donald Trump’s pick to lead the Department of Energy is fossil fuel executive Chris Wright — who has misleadingly claimed on LinkedIn that “there is no climate crisis, and we’re not in the midst of an energy transition either.”