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Wright confirmed with bipartisan support, 59-38 vote
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Wright prioritizes expanding domestic energy production
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Expected to dismantle Biden's climate policies, boost
fossil
fuel infrastructure
By Timothy Gardner
WASHINGTON, Feb 3 (Reuters) - The U.S. Senate on Monday
confirmed Chris Wright, a fracking executive, to be President
Donald Trump's energy secretary.
The vote was 59-38, with seven Democrats and one
Independent, who caucuses with Democrats, crossing the aisle.
Wright, 60, the CEO of Liberty Energy since 2011,
has said he will step down from the company once confirmed. He
wrote in a Liberty report last year he believes human-caused
climate change is real, but that its hazards are "distant and
uncertain." He has also said that top-down governmental policies
to curb it are destined to fail.
Wright will be in charge of an agency whose budget is around
$50 billion, around half of which goes toward maintaining the
country's nuclear weapons stockpile.
He will also be in charge of the department's 17 national
labs that cover everything from research fusion energy to
supercomputing.
In his nomination hearing, Wright said his first priority is to
expand domestic energy production including liquefied natural
gas, a super-chilled exportable form of the fuel, and nuclear
energy.
The U.S. became the world's top LNG exporter in 2023 and
shipments could double before the end of the decade.
Wright and Lee Zeldin, the head of the Environmental Protection
Agency, are expected to dismantle aspects of former President
Joe Biden's climate policies and push for more fossil fuel
infrastructure including gas pipelines and power plants.
Wright also said in his hearing that deadly wildfires that
devastated Los Angeles are "heartbreaking," but he stood by his
comments on social media in 2023 that "hype over wildfires is
just hype to justify" policies to curb climate change.
He is expected to play a big role in a new national energy
dominance council, to be led by former North Dakota Governor
Doug Burgum, who is expected to be confirmed by the Senate to
head the Department of the Interior. The council is expected to
seek policies to maximize output of oil and gas, though the U.S.
is already the world's largest producer of both, and it is
unclear how much more energy companies want to drill on federal
lands.
Wright will also be tasked with managing the Strategic Petroleum
Reserve, the world's largest crude oil stockpile. Biden sold
more than 180 million barrels, a record amount, from the reserve
in 2022 to balance rising gasoline prices after Russia invaded
Ukraine.
The sale sank the reserve to its lowest level in 40 years.
Trump has pledged to fill the SPR to the top, but doing so will
require Congress to appropriate funds. Filling it quickly could
lead to higher oil prices.
Like his predecessor, Jennifer Granholm, Wright says he
believes geothermal power has a lot of potential to provide the
U.S. with emissions-free energy by tapping heat below the
ground.
Geothermal projects, however, will need greater access to
power transmission lines. Congress has failed to pass permitting
legislation to fund new transmission lines that are needed for
geothermal and other renewable energy projects.
Like Granholm, Wright also supports expanding nuclear power.
He was a board member of small modular reactor startup Oklo ( OKLO )
, which has not yet built a commercial plant.
Wright will likely also be tasked with helping the U.S. build
out a uranium fuel supply chain, after Biden signed a ban on
imports of enriched uranium from Russia.