The ghost energy drinks company Ghost Energy announced a $4.9 million investment in Chesapeake Energy last month in what it said would create about 200 jobs in its new energy plant in northern Virginia.
But in a statement Thursday, the company said the move is not related to the state’s energy crisis.
“The company has not invested in Cheshire Energy because it is not a viable candidate to be the next Energy Secretary,” the company wrote.
“Instead, it is a strong supporter of the president’s vision of job creation and economic prosperity.”
The statement, obtained by The Associated Press, said the investment is part of the $4 billion in investments the company made last year and $2.5 billion in 2016.
It also said the company has a contract with the Virginia Department of Energy to supply gas to the plant.
The company said it expects to begin production in 2019.
The Chesapeake deal comes as energy companies have been hit hard by the economic and political fallout of the national energy crisis, and it comes amid efforts by President Donald Trump to boost coal production, which has been hurt by a federal moratorium on new coal leases.
On Thursday, White House spokeswoman Lindsay Walters said the U.S. Energy Department has been working on a coal leasing plan that could allow the country to meet its goal of limiting carbon emissions to the goal of reducing the U,S.
emissions to 28 percent below 2005 levels by 2050.
The president’s goal would be to cut emissions by 28 percent from 2005 levels in 2020, which the Obama administration set as the goal for the Paris climate agreement, which took effect in December.
“We’re going to have a plan in place to get to 28% carbon reduction by 2050,” Walters said.
“There’s a lot of work to do.
We’re working on it and we’re going down the path and we’ll be making sure we meet that goal.”
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