Liberty Energy Inc. Releases 2024 Bettering Human Lives Report
06 Février 2024 - 1:06AM
Business Wire
Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”)
proudly announced today the release of our 2024 Bettering Human
Lives report, highlighting the central role that energy plays in
human lives.
“A thriving energy system enables a thriving society and a
future of opportunity. Unfortunately, politics is increasingly
dominating the trajectory of American energy with growing
consequences. The costs of getting energy wrong include reduced
living standards, fewer job opportunities, reduced national
security, and reduced environmental quality,” commented Chris
Wright, Chief Executive Officer. “Bettering Human Lives seeks to
inform readers and drive thoughtful dialogue surrounding the
tradeoffs at the nexus of energy, climate, poverty, and prosperity.
The comprehensive report is filled with real-world case studies and
segmented into six sections: Energy, Energy and the Modern World,
Energy Poverty, Climate Change, Climate Economics, and an in-depth
section on Liberty Energy.”
“Liberty strives to be a force for disruptive change in the
energy industry with our culture of excellence, technological
advancements, and our quest to advance energy production. We
strongly support all energy sources that improve our energy system
and better lives,” continued Mr. Wright. “Earlier this year, we
announced the launch of the Bettering Human Lives Foundation
specifically to address this most urgent energy access issue,
furthering our ambition to deliver the secure, affordable, reliable
energy vital to human success. Liberty has provided $1 million of
initial funding to kickstart the BHL Foundation’s efforts to
provide better access to clean cooking fuels in Africa. We hope
that many more will join us in this endeavor to improve the health,
longevity, and expand opportunities for those currently living in
energy poverty.”
Key Takeaways from the 2024 Bettering Human Lives
Report:
- Energy is essential to life and the world needs more of
it!
- The modern world today is powered by and made of
hydrocarbons.
- Hydrocarbons are essential to improving the wealth, health, and
life opportunities for the less energized seven billion people who
aspire to be among the world’s lucky one billion.
- Hydrocarbons supply more than 80% of global energy and
thousands of critical materials and products.
- The American Shale Revolution transformed energy markets,
energy security, and geopolitics.
- Global demand for oil, natural gas, and coal are all at record
levels and rising — no energy transition has begun.
- Modern alternatives, like solar and wind, provide only a part
of electricity demand and do not replace the most critical uses of
hydrocarbons. Energy-dense, reliable nuclear could be more
impactful.
- Making energy more expensive or unreliable compromises people,
national security, and the environment.
- Climate change is a global challenge but is far from the
world’s greatest threat to human life.
- Zero Energy Poverty by 2050 is a superior goal compared to Net
Zero emissions by 2050.
“Our mission is to better human lives. Human happiness comes
through relationships, love, and a strong life purpose.
Preconditions for these ultimate ends are food, shelter, health,
education, and longevity,” continued Mr. Wright. “None of these are
possible without energy, and the quality of each depends on the
degree of access to affordable, reliable, and secure energy.”
The Bettering Human Lives report is available for download at
www.libertyenergy.com. Requests for the printed report can be made
at Liberty’s website, or please contact BHL@libertyenergy.com.
About Liberty
Liberty is a leading North American energy services firm that
offers one of the most innovative suites of completion services and
technologies to onshore oil and natural gas exploration and
production companies. Liberty was founded in 2011 with a relentless
focus on developing and delivering next-generation technology for
the sustainable development of unconventional energy resources in
partnership with our customers. Liberty is headquartered in Denver,
Colorado. For more information about Liberty, please visit
www.libertyenergy.com. For more information about the Bettering
Human Lives Foundation, please visit
www.betteringhumanlives.org.
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version on businesswire.com: https://www.businesswire.com/news/home/20240206972021/en/
Michael Stock Chief Financial Officer
Anjali Voria, CFA Strategic Finance & Investor Relations
Lead
303-515-2851 IR@libertyenergy.com
Liberty Energy (NYSE:LBRT)
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