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Trump picks top fossil fuel executive to as his energy secretary

Trump picks top fossil fuel executive to as his energy secretary



Most drilling decisions are driven by private companies working on land not owned by the federal government.

The Department of Energy handles US energy diplomacy, administers the Strategic Petroleum Reserve – which Trump has said he wants to replenish – and runs grant and loan programs to advance energy technologies, such as the Loan Programs Office.

The secretary also oversees the aging US nuclear weapons complex, nuclear energy waste disposal, and 17 national labs.

If confirmed by the Senate, Wright will replace Jennifer Granholm, a supporter of electric vehicles, emerging energy sources like geothermal power and a backer of carbon-free wind, solar and nuclear energy.

Wright will also likely be involved in permitting of electricity transmission and the expansion of nuclear power, an energy source that is popular with both Republicans and Democrats but which is expensive and complicated to permit.

Power demand in the United States is surging for the first time in two decades amid growth in artificial intelligence, electric vehicles and cryptocurrencies.

Reuters



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