'Energy Transition' Greatest Malinvestment in Human History

Energy Secretary Chris Wright told Goldman Sachs MD Neil Mehta that the world must accept its continued reliance on oil, gas, and coal. Wright said significant investments in electricity have driven prices higher, and that despite trillions spent on solar, it accounts for only 1.2% of global energy. Wright was interviewed at the Goldman Sachs Energy, CleanTech & Utilities Conference in Miami on Wednesday. (Video courtesy: Goldman Sachs Energy Conference)