this post was submitted on 04 Feb 2025
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Author: Brad Plumer
Published on: 03/02/2025 | 00:00:00

AI Summary:
Chris Wright will lead the U.S. Department of Energy on Monday. He would be the 17th secretary of energy, a position that was created in 1977. At his confirmation hearing, Mr. Wright said his top priority was to “unleash” domestic energy production. About 80 percent of the energy department’s $52 billion annual budget goes toward maintaining the nation’s nuclear arsenal. Under the Biden administration, the department aggressively supported new clean energy technologies such as advanced nuclear power, enhanced geothermal energy, green hydrogen fuels, next-generation batteries and more. Some conservative groups have urged Mr. Wright to reorient or even shutter the agency’s Loan Programs Office. Senator Martin Heinrich: "While I do not agree with Mr. Wright on a number of issues, he has committed to working with us in good faith" he founded Pinnacle Technologies, which created software to measure the motion of fluid beneath the Earth’s surface. In a written statement to the Senate he promised to step down from Liberty Energy and divest his holdings. Elon Musk said that Trump believes the U.S. Agency for International Development should be shut down. Treasury Secretary Scott Bessent gave Musk’s representatives access to federal payment system. Immigration: The Trump administration ended Temporary Protected Status for more than 300,000 Venezuelans in the United States.

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