BusinessWeek - Why Duke CEO Jim Rogers Should Be Obama's Energy Secretary
Why Duke CEO Jim Rogers Should Be Obama's Energy Secretary
November 30, 2012
Nominate soon-to-be-available power guru Jim Rogers to be your second-term Secretary of Energy. It is widely assumed that Obama’s current energy chief, Steven Chu, will step down, along with many other members of the cabinet.
The most dynamic executive in his industry, Rogers, the chief executive of Charlotte-based Duke Energy (DUK), has spent a career building ever-bigger utilities. He knows coal, gas, nuclear, solar, wind. He’s done all of them. And he recognizes the need to forge a national energy policy that sharply reduces carbon emissions that contribute to global warming and the extreme weather it is increasingly visiting upon our little planet. In the past, Rogers has backed cap-and-trade legislation, facing down industry rivals who tried to isolate him as a pariah. He would be the perfect architect of and spokesman for a new, outside-the-box approach to reducing carbon. And would Republicans really oppose the appointment of an energy industry CEO?