"U.S. Energy Secretary Chris Wright Tackles Blackouts, Wasteful Spending, and Nuclear Revival"
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"U.S. Energy Secretary Chris Wright Tackles Blackouts, Wasteful Spending, and Nuclear Revival"
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Earlier in May, Secretary Wright announced new policies focused on increasing accountability and promoting responsible stewardship of American taxpayer dollars. This initiative, revealed on May 15, represents the Department of Energy's commitment to identifying and reducing wasteful spending.
In media appearances, Wright has been articulating his "climate realism" approach, a term he uses to differentiate his environmental views from what he considers "climate denial." During a keynote address at CERAWeek, an oil and gas conference held in Houston this March, Wright explained that his position acknowledges the trade-offs of different energy sources. He has been actively working to reverse several Biden-era policies, including approving new liquefied natural gas export terminals and revising efficiency rules for home appliances.
The Secretary has made several media appearances recently, including interviews on Fox News with Martha MacCallum on May 15 and Fox Business with Maria Bartiromo on May 9. During these conversations, Wright discussed his approach to energy policy, which includes clearing what he described as "wrongheaded policies" from the previous administration and promoting a diverse energy portfolio beyond just wind, solar, and batteries.
Under President Trump's directives, Wright is also focusing on reinvigorating America's nuclear energy sector. The Department of Energy is taking a leading role in what the administration calls "unleashing the American nuclear renaissance." Additionally, Wright recently designated coal used in steel production as a critical material under the Energy Act of 2020, aligning with the administration's executive order on "Reinvigorating America's Beautiful Clean Coal Industry."
Wright has also testified before the Senate Appropriations Subcommittee on Energy and Water Development regarding the Department of Energy's Fiscal Year 2026 budget request. In addition, the Department announced it will redirect $365 million in funding to address Puerto Rico's grid resiliency and expand access to affordable, reliable power for the island's residents.
In an interview with Bloomberg Technology on May 2, Wright confirmed that his department is reviewing loans and grants issued by the previous administration, expressing concern that approximately 80% of these funds were allocated after President Trump's election but before his inauguration.