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Houston, America’s fossil fuel capital, braces for the energy transition

HARC in the News

10.16.2020

By Justin Horwath, S&P Global Market Intelligence

Not long ago, if you found yourself at a party in Houston, a sure way to quiet the room was to announce that you were in the clean energy business, according to Bob Harvey, president and CEO of the Greater Houston Partnership, the city’s top business trade group.

“But that’s not the case today,” he said.

 

Perhaps more than any major city in America, Houston faces fundamental questions about its economy and its future in the global energy transition. Some 4,600 energy companies, including more than a dozen Fortune 500 companies, serve as the foundation of the city’s economy.

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