By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
inkeinspires.cominkeinspires.cominkeinspires.com
Notification Show More
Font ResizerAa
  • Home
  • Breaking News
    Breaking NewsShow More
    Trump says Gaza ceasefire possible ‘within the next week’, gives no details | Donald Trump News
    June 28, 2025
    Iran warns President Trump to show respect to supreme leader or face consequences
    June 28, 2025
    The Indian chef who took Tamil fare global and won a ‘food Oscar’
    June 28, 2025
    How an Indian intelligence officer allegedly recruited a businessman to kill a Canadian activist – National
    June 28, 2025
    After U.S. and Israeli Strikes, Could Iran Make a Nuclear Bomb?
    June 28, 2025
  • Business
    BusinessShow More
    Exclusive-Satellite Chemical, Vinmar get US govt letters preventing ethane unloading in China
    June 28, 2025
    American Airlines ‘technology issue’ resolved after causing delays
    June 28, 2025
    Biggest US banks pass Federal Reserve stress tests
    June 28, 2025
    Filipino politicians share deepfake videos in a battle over impeachment: ‘Even if it’s AI…I agree with the point’
    June 28, 2025
    QXO (QXO) Falls 7.23% After $2-Billion Share Sale
    June 28, 2025
  • Entertainment
    EntertainmentShow More
    Diddy Prosecution Defends Cassie in Rebuttal: ‘No Was Not an Option’
    June 28, 2025
    Aubrey O’Day Speaks On Diddy Trial Amid Closing Arguments
    June 28, 2025
    Orlando Bloom’s Split From Katy Perry Lauded As A ‘Well-Timed’ Career Move
    June 28, 2025
    James Cameron’s Biggest Issue With Christopher Nolan’s Oppenheimer
    June 28, 2025
    The Best Star Trek That Isn’t Star Trek At All
    June 27, 2025
  • Gadgets
    GadgetsShow More
    CES 2025: 41 Products You Can Buy Right Now
    January 13, 2025
    I can’t wait try out these 3 great plant tech gadgets that I saw at CES 2025
    January 13, 2025
    6 on Your Side Consumer Confidence: Kitchen gadgets to upgrade family recipes – ABC 6 News
    January 13, 2025
    35+ Best New Products, Tech and Gadgets
    January 13, 2025
    These gadgets kept me connected and working through a 90-mile backpacking trip
    January 13, 2025
  • Health
    HealthShow More
    Best Products for Energy + Recovery inkeinspires
    June 27, 2025
    The Ultimate Beginner’s Guide To Long-Distance Running inkeinspires
    June 27, 2025
    A New Study Finds An 8-Hour Eating Window May Help Burn Fat—But Is It Safe? inkeinspires
    June 27, 2025
    184: Crafting a Morning Routine That Works For YOU inkeinspires
    June 26, 2025
    Endurance Exercise and Longevity – BionicOldGuy inkeinspires
    June 26, 2025
  • Sports
    SportsShow More
    Tottenham now in talks to sell “phenomenon” after bid in the last few days
    June 28, 2025
    Aaron Ramsdale parties with Premier League legend at his Italian wedding
    June 28, 2025
    Brentford reject second bid from Manchester United for Bryan Mbeumo worth £62.5m
    June 28, 2025
    South Africa Playing 11 vs Zimbabwe- 1st Test, South Africa tour of Zimbabwe 2025
    June 28, 2025
    “He’s not interested or joking about it…”: Puja Pabari opens up on beginning of her love life with Cheteshwar Pujara
    June 27, 2025
  • Technology
    TechnologyShow More
    CTGT wins Best Presentation Style award at VB Transform 2025
    June 28, 2025
    Look Up on Friday Night and You Just Might See the Bootids Meteor Shower
    June 28, 2025
    The 28 Best Deals From REI’s July 4 Outdoor Gear Sale (2025)
    June 28, 2025
    Rob Biederman join the stage at All Stage 2025
    June 28, 2025
    From pilot to profit: The real path to scalable, ROI-positive AI
    June 28, 2025
  • Posts
    • Post Layouts
    • Gallery Layouts
    • Video Layouts
    • Audio Layouts
    • Post Sidebar
    • Review
      • User Rating
    • Content Features
    • Table of Contents
  • Contact US
  • Pages
    • Blog Index
    • Search Page
    • Customize Interests
    • My Bookmarks
    • 404 Page
Reading: Chris Wright Is Confirmed to Be Secretary of Energy
Share
Font ResizerAa
inkeinspires.cominkeinspires.com
  • Entertainment
Search
  • Home
  • Categories
    • Breaking News
    • Business
    • Sports
    • Technology
    • Entertainment
    • Gadgets
    • Health
  • Contact
Have an existing account? Sign In
Follow US
inkeinspires.com > Breaking News > Chris Wright Is Confirmed to Be Secretary of Energy
Breaking News

Chris Wright Is Confirmed to Be Secretary of Energy

MTHANNACH
Last updated: February 4, 2025 9:12 am
MTHANNACH Published February 4, 2025
Share
SHARE

The Senate confirmed that Chris Wright directed the US Energy Ministry on Monday, putting the former oil frame in a key position to help shape President Trump’s energy policies.

Mr. Wright, the founder and chief executive officer of Liberty Energy, a hydraulic fracturing company, was confirmed by a vote from 59 to 38, with the support of all the Republicans present and a smaller number of democrats. He would be the 17th energy secretary, a position created in 1977.

During his confirmation hearing, Wright said that his absolute priority was to “release” the production of inner energy, including liquefied natural gas and nuclear energy. He also told Democrats that he thought that climate change was a “global challenge that we must resolve” and that he would support the development of renewable energies such as wind and solar energy.

At the same time, Wright said that he “would work tirelessly” to support the “daring” energy agenda by Mr. Trump. The president frequently rejected climate change as a hoax, wind and solar energy disparaged and said he wanted to extend the use of oil, gas and coal, whose combustion stimulated climate change.

The energy department plays a central role in the development of new energy technologies. The agency supervises a Network of 17 national laboratories This conducts advanced research as well as a powerful loan office which supported dozens of low carbon energy projects, including battery factories in Ohio and Tennessee and two giant nuclear reactors in Georgia.

Wright would also oversee the approvals of liquefied gas export terminals, which Biden administration has tried to slow down and anger industrial groups. Trump has already ordered the Energy Department to restart the proposed export facilities.

The energy department is a sprawling agency. About 80% of departments Annual budget of $ 52 billion Will maintain the country’s nuclear arsenal, to clean the environmental damage of the Cold War and to carry out research in areas like high energy physics.

As part of the Biden administration, the ministry has aggressively supported new clean energy technologies such as advanced nuclear energy, improved geothermal energy, green hydrogen fuels, new generation batteries and more . Supported by new funding from the Congress, he issued tens of billions of loans and subsidies to everything, from companies to low carbon cement to electricity companies that build new lines of transmission.

During his confirmation hearing, Wright especially refused to go into details of the way he directed the department.

Some conservative groups have urged Mr. Wright to reorient or even close the agency’s loan programs office, which has received around $ 400 billion in the Congress to market promising energy technologies. Under the Biden Administration, the Office has finalized more than $ 60.6 billion in loans and guarantees of companies that operated lithium, restarting a closed nuclear power plant, converting wind and solar energy in hydrogen fuels and more. He also issued $ 47 billion in conditional loans that have not been finalized.

Since January 17, there were still 160 companies Search for more than $ 200 billion in loans and loan guarantees. But the work of the loan office was largely interrupted since Mr. Trump took office, and we do not know what will happen to these requests.

Most of the major environmental groups and many democrats have opposed Mr. Wright’s confirmation, saying that he had minimized the risks of a warming planet. In an article on social networks in 2023, Mr. Wright wrote“There is no climate crisis, and we are not in the midst of an energy transition.” On a podcast last year, he declared that climate change would have “a modest slow and modest impact to two generations from now on”.

On podcasts and in speeches, Mr. Wright has often pleaded moral for fossil fuels, arguing that the poorest people in the world need access to oil, gas and coal to enjoy the advantages of life modern that rich nations are trying for granted.

However, some Senate Democrats joined the Republicans to vote to approve the appointment of Mr. Wright. They understood Ruben Gallego of Arizona, Michael Bennet and John Hickenlooper from Colorado, Maggie Hassan and Jeanne Shaheen of New Hampshire, Ben Ray Luján and Martin Heinrich of New Mexico, as well as Angus King, a freelance of Maine who Normally of Caucus with Democrats.

“Although I do not agree with Mr. Wright on a number of questions, he undertook to work with us in good faith” on questions such as investment in national laboratories and the construction of High -voltage power lines, Heinrich said last month.

Mr. Wright graduated from the Massachusetts Institute of Technology and has studied solar energy at the University of California in Berkeley. In 1992, he founded Pinnacle Technologies, which created software to measure the movement of the fluid below the surface of the earth. The software has helped to provoke a commercial shale revolution.

Mr. Wright launched Liberty Energy in 2011 and the company worked with others on geothermal energy and small modular nuclear reactors.

Mr. Wright holds 2.6 million shares of the company, which were worth around $ 47 million depending on the closing course on Monday. In a Written declaration in the Senate He promised to withdraw from Liberty Energy and give in his assets within 90 days of his confirmation. According to his ethical agreement, he should be paid for his last bonus of the company in March.

Lisa Friedman Contributed reports.

You Might Also Like

Trump says he is ‘not happy’ with deadly Russian strikes on Kyiv

American women charged with attempting to smuggle children into US

Woman discovers fake Instagram wedding was real inkeinspires

India, Pakistan trade fire in Kashmir as conflict escalates – National

4/2: CBS Evening News Plus

Share This Article
Facebook X Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
loader

Email Address*

Name

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
Business

Is NVIDIA Corp. (NASDAQ:NVDA) the Best Stock Under $100 to Buy According to Hedge Funds?

MTHANNACH MTHANNACH April 25, 2025
Pat Cummins eyes IPL comeback after being ruled out of Champions Trophy 2025
AI chatbots are ‘juicing engagement’ instead of being useful, Instagram co-founder warns
Adolescence Ending Explained: Did Jamie Kill Katie?
WPP plans US expansion having ‘looked at’ New York listing
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • Business
  • Breaking News
  • Entertainment
  • Technology
  • Health
  • Sports
  • Gadgets
We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • InterestsNew
  • Contact Us
  • Blog Index
Top Categories
  • Entertainment

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

 

All Rights Reserved © Inkinspires 2025
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?