Charles Fridge, chairman and CEO of Verde CO₂, has the ability to recognize when change is on the horizon.
As a practicing lawyer in the mid-2000s, Fridge saw the potential of unconventional oil and gas and gave up his law license to build up Throne Petroleum LLC, an early mover in the shale boom. In 2019, he made another significant shift, abandoning his role as CEO at Throne to found Verde CO₂ and changing his focus again, this time to carbon capture and sequestration (CCS).
Taking on a new industry
Fridge formed Verde CO₂ because he has a passion for the energy transition and is certain that the oil and gas industry experts he has assembled on his team give Verde a competitive advantage.
“It is increasingly apparent that the oil and gas industry, as well as essential heavy industry, need to significantly improve our environmental performance,” Fridge told Hart Energy, “but there cannot be an immediate cessation of fossil fuel production or consumption, and oil and gas industry expertise must be part of the solution.”
Read More – Hart Energy