Jon Huntsman Jr. has been hired to manage Mastercard’s public sector partnerships and company sustainability
(Francisco Kjolseth | The Salt Lake Tribune) Former Gov. Jon Huntsman has been chosen to lead Mastercard’s public partnerships as the company’s vice chairman and president of strategic growth, the company announced on March 11, 2024.
| March 12, 2024, 11:03 p.m.
Jon Huntsman Jr. isn’t done negotiating with governments.
The former Utah governor and former U.S. ambassador to China, Russia and Singapore will join Mastercard as vice chairman and president of strategic growth, Mastercard announced Monday.
Advertisement
Huntsman will oversee Mastercard’s efforts to “[expand] commercial partnerships with governments and public sector institutions,” and lead the company’s “inclusive growth, philanthropy and sustainability agenda,” a news release said.
Mastercard CEO Michael Miebach said Huntsman’s experience in public policy and private business will be “extremely valuable as we build the future of Mastercard.”
Huntsman, Miebach said in a news release, “will play a pivotal role in helping advance our approach to commercial sustainability through social impact, consistent with our company’s core value of doing well by being good.”
Huntsman’s political career includes several stints in the federal government — as an ambassador for three separate administrations, a deputy assistant secretary of commerce, a deputy U.S. trade representative and as a staff assistant under Ronald Reagan.
Huntsman was governor of Utah from 2005 to 2009, leaving that job months after reelection to become President Barack Obama’s ambassador to China. He ran for the Republican nomination for president in 2012, losing to fellow Utahn Mitt Romney. In 2020, he ran to reclaim the governor’s office, but lost in the Republican primary to then-Lt. Gov. Spencer Cox.
Advertisement
As a businessman, Huntsman has served as an executive and chairman for his family’s corporations and foundations, including the Huntsman Cancer Institute. He was most recently vice chairman of Ford Motor Company, and is still on the board of directors.
Mastercard’s revenue grew 13% in 2023, according to recent SEC filings, and the company said it wants to keep growing. In an annual report, Mastercard said it wants to expand its services and reach even more people in 2024.
“Mastercard has an extraordinary company culture that is driven by a profound commitment to advancing inclusive, sustainable, digital-driven economic growth throughout the world,” Huntsman said in the news release. “I very much look forward to being part of this great team to further scale new business opportunities and partnerships in support of the company’s exciting strategic growth opportunities.”
Shannon Sollitt is a Report for America corps member covering business accountability and sustainabilityfor The Salt Lake Tribune. Your donation to match our RFA grant helps keep her writing stories like this one; please consider making a tax-deductible gift of any amount today by clicking here.
Like many utilities in the Trump era, Rocky Mountain Power is pulling back on its renewable energy plans. But more than a dozen Utah communities are taking matters into their own hands.
About 300,000 homes and businesses will soon be part of a novel, bottom-up program to bring new clean power to the state’s fossil-fuel-heavy grid. The Utah Renewable Communities initiative allows city and county governments to offset their electricity use with 100 percent renewable power, backed by a $4 monthly bill surcharge.
“There’s no other program available to our residents that is this affordable or this impactful to Midvale’s environmental and economic future,” said Dustin Gettel, mayor of the Salt Lake City suburb of Midvale.
Advertisement
Midvale is set to vote Tuesday on whether to join 15 other communities that have signed up ahead of an enrollment deadline next week. Three other eligible communities have opted out, although one may reconsider.
This coverage is made possible through a partnership between Grist and The Salt Lake Tribune, a nonprofit newsroom in Utah.
A sprawling, 40,000-acre data center planned for northern Utah has stirred up controversy across the state over the past month, partly because of the pollution it’s expected to contribute to a region that already struggles with smog.
Officials with the quasi-governmental Military Installation Development Authority, or MIDA, which approved the project and created tax incentives to spur its development, have become de facto cheerleaders for the data center campus, called the Stratos Project. They say Kevin O’Leary, the Canadian TV personality and the main backer of Stratos, specifically selected a remote valley north of the Great Salt Lake because a gas pipeline runs through it.
The plant that will generate electricity for the data complex would be powered “100 percent off the Ruby Pipeline,” a MIDA official said in April.
But after weeks of protests, reams of comments against the project, and disgruntled Utahns digging into state leaders’ finances and family businesses, the state’s Republican governor has now asserted the project will “never” be solely powered by natural gas.
Advertisement
“That’s never going to happen,” Governor Spencer Cox told The Salt Lake Tribune last week. “The very first phase will be natural gas, but the other phases should not be. They should be nuclear, and they should be geothermal, and solar and other technology.”
The proposed Stratos Project is light on details so far. O’Leary has said that at full build, it will be one of the biggest data centers in the world, as large as Washington, D.C. Scientists, environmental advocates and some residents have raised alarms about the impact that the project — and the possibility of a massive natural gas plant to power it — could have on air quality, greenhouse gas emissions, and water supplies near the shrinking Great Salt Lake.
According to some estimates, a 9-gigawatt power plant entirely powered by natural gas could raise Utah’s carbon emissions by 64 percent. Although it’s still unclear how much water the facility would need, the project’s developers have said they’re working to secure 13,000 acre-feet in Hansel Valley and the surrounding area, which is mostly agricultural. That’s enough water to meet the needs of more than 20,000 households in Utah.
The north end of the Great Salt Lake and Hansel Valley, the planned site for the Stratos Project.
Trent Nelson / The Salt Lake Tribune
Opposition to the proposal has been intense. A water right filed to support the data center and power plant received nearly 4,000 letters of protest this month. Opponents held a rally at Utah’s Capitol last week and delivered a letter to Cox with more than 6,000 signatures urging him to take “binding action” to preserve the Great Salt Lake instead of issuing platitudes over social media.
During a news conference on Wednesday announcing a geothermal partnership with the neighboring states of Arizona, Colorado, and New Mexico, Cox acknowledged problems with the rollout of the Stratos Project in Box Elder County, saying future decisions like it should involve his office and elected representatives.
Advertisement
“There’s no question, the process was not good,” Cox told reporters. “It’s something I’ve worried about for a long time with that entity that made that decision.”
Cox appeared to be referring to MIDA, a development authority ostensibly meant to fund projects to support the military. Its biggest developments in recent years, however, include a hotel at the Deer Valley luxury ski resort and a swanky ski village. MIDA officials and other Stratos supporters have called the project a matter of national security.
“That was not a decision that was made by me or the Legislature,” Cox said. “In the future, those are decisions that should be made by us, so that we can do these types of things ahead of time to make sure people understand what’s actually happening out there. That did not happen, and it should happen.”
When he made his comments, Cox was hosting the final workshop in his “Energy Superabundance” initiative as chair of the Western Governors Association, part of a broader push that complements his “Operation Gigawatt” goal to more than double Utah’s energy production over the next decade.
Electricity use across the country has held relatively steady for decades, but a surge in demand for artificial intelligence computing and data centers is putting a strain on the electric grid. That’s left Western states scrambling to build new energy supplies.
Advertisement
At the same time, public skepticism toward large data center developments appears to be growing, particularly over concerns involving water use, noise, energy costs, and pollution.
“It feels like the future is here,” Cox said during his opening remarks at the workshop. “It’s coming quicker than people asked for, and there are so many amazing things that can come from that future, and some pretty awful ones as well.”
Read Next
Utah’s fragile desert could feel like the Sahara if America’s biggest data center gets built
Cox has also pushed for faster permitting timelines for large energy and infrastructure projects, arguing that environmental review processes often take too long. “This whole idea of being rushed — I’m so tired of our country taking years to get stuff done,” he said in April. “It’s the dumbest thing ever. We think that taking time makes things better or safer. It absolutely does not.”
Advertisement
Last week, Cox struck a more measured tone as criticism of the project continued to mount. “One of the things people are worried about, and rightfully so, is air quality,” he said in a brief interview as he left the workshop. “That’s a yearlong [permitting] process. … We’re not speeding those up. Those are really important, and we want to make sure that things are done the right way.”
Earlier this month, O’Leary, who was featured on the reality show “Shark Tank,” also seemed to suggest that renewables could help power the Stratos Project. He described other technological advances — such as turbines cooled with air rather than water — before turning to the natural gas power causing a stir.
“We can also put a percentage of the power generation through solar, wind, and batteries, because the battery technology is 10x more efficient than it was just five years ago,” O’Leary posted on X on May 5. “So that’s very helpful, because it makes the cost of energy lower.”
But he stopped short of fully endorsing renewables for his project.
Logan Mitchell, a climate scientist and analyst with Utah Clean Energy, calculated that a 9-gigawatt natural gas power plant will produce around 35 million metric tons of carbon emissions each year. By comparison, the entire state of Utah generates 55 million metric tons annually, according to the U.S. Energy Information Administration. So the Stratos Project could raise Utah’s emissions by about 64 percent.
Advertisement
“That’s massive,” Mitchell said. But it could be even more, because his estimate didn’t account for “any additional methane leakage” from piping and using the natural gas, he said.