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When oil and gas executives first began using the phrase “all of the above” more than a decade ago, it was their pitch that climate advocates and sympathetic policymakers should keep natural gas alongside renewables in their vision of a new energy future. The grid needs abundant, reliable natural gas as back up when the wind isn’t blowing, they argued.
This year, the tables have turned. With renewable energy in the Trump Administration’s crosshairs, energy industry big wigs have come to use “all of the above” as a reminder that renewable energy—particularly solar—has an important role to play in keeping the lights on.
“We believe in all forms of energy,” said John Ketchum, CEO of NextEra Energy, the world’s most valuable electricity company, at a CERAWeek side event. “When we go to customers, we don't really care if we're selling wind turbines or gas turbines, we want to give them the lowest cost solution.”
