The unlikely friends of Chris Wright’s “energy abundance” future

How the next wave of technology is upending the global economy and its power structures
Jan 15, 2025 View in browser
 
POLITICO Digital Future Daily Newsletter Header

By Derek Robertson

Chris Wright speaks during a hearing.

Chris Wright, President-elect Donald Trump's nominee for secretary of Energy, testifies during his confirmation hearing before the Senate Energy and Natural Resources Committee. | Francis Chung/POLITICO

Chris Wright, the fracking CEO tapped by President-elect Donald Trump as Energy Secretary, didn’t exactly have the highest-profile confirmation hearing this morning compared to some of Trump’s other Cabinet picks.

And yet among a small but enthusiastic group of wonks on both the right and the left, his likely confirmation is cause for major excitement.

For the loose coalition of analysts and writers pushing for an “abundance agenda” that includes more energy production no matter the type (or cost), the fossil fuel-friendly philosophy Wright described in an August op-ed as “zero energy poverty” could make a second Trump administration open to new forms, and a new pace, of energy production.

Wright is a prolific energy wonk himself, and Heatmap’s Matthew Zeitlin summed up his mindset in a recent essay: “Energy consumption makes people better off; energy access, especially in the developing world, is a greater global challenge than climate change; and existing alternatives to hydrocarbons are not capable of replacing the status quo energy system, which still overwhelmingly relies on fossil fuels, with little prospect of a rapid transition.”

While energy watchers across the political spectrum have expressed optimism about Wright (a fellow from the nonpartisan Institute for Progress cited his pick favorably to DFD in November), it’s particularly Trump’s allies on the right who are most pumped up about such an agenda.

These aren’t first and foremost fossil-fuel cheerleaders, however. They’re a smaller cadre of unorthodox GOP thinkers who believe that for the party to achieve any of its goals — from beating China, to accelerating AI development, to rejuvenating the American heartland — it must first build up its energy capacity by any means necessary whether fossil fuels, renewables, nuclear or all of the above.

Emmet Penney, an energy scholar and contributing editor to Compact who publishes a Substack called “Nuclear Barbarians,” wrote this morning in an essay titled “An Energy-Abundance Agenda for Trump” that Wright has the opportunity to accelerate the steps toward a nuclear renaissance that President Joe Biden’s administration has taken.

“I was thrilled” when the Wright pick was announced, Penney told DFD this morning. “He gets it … this could be a very powerful DOE for unlocking energy abundance.”

So who could slow it down? Actually, Republicans could. Penney’s essay in Compact outlines a series of potential challenges within Trump’s coalition to a maximalist approach to energy production, revealing just how tricky it is to build a durable new coalition around such a complex policy issue.

Harnessing new energy resources, never mind developing a healthy and sustainable industry around them, requires a lot of help from the government. So on top of traditional constraints like environmental litigation or permitting policy Penney cites likely resistance from free-market think tanks to the DOE’s Loan Programs Office, which under the Biden administration pumped low-interest loans into the nuclear industry.

He also worries that the right’s industrial policy wonks and China hawks “lack a sharp energy vision” for the right, citing a common complaint from some thinkers dating back to the beginning of the first Trump administration: A sheer lack of the manpower necessary to develop new conservative policy ideas and successfully get them through the Washington meat grinder.

“Energy is just an exceedingly hard sector to get right, and to understand it requires a diverse skill set,” Penney said. “There’s some agreement on permitting reform overall, but to be honest, the conservative movement suffers from the same kind of factional incoherence that the Democrats do.”

Of course, with new energy ideas in the mix, there are opportunities for the GOP to win new friends across the aisle, for at least parts of its energy policy.

As Heatmap’s Zeitlin pointed out, during today’s hearing multiple Democratic senators nodded approvingly to Wright’s support for development of geothermal energy, or harnessing the heat from the earth’s core to generate electricity. Sen. John Hickenlooper (D-Colo.) qualified Wright’s status as an “unrestrained enthusiast” for fossil fuels by noting his support for nuclear, solar and wind.

Penney noted that Sen. Martin Heinrich (D-N.M.) scored a commitment to continuing permitting reform from Wright during this morning’s hearings, and praised Trump’s Deputy Secretary of Energy pick James Danly, who served during president-elect's first term as head of the Federal Energy Regulatory Commission, overseeing America’s byzantine power grid.

Ultimately, Penney argued, the biggest wins for “progress” might be found in the regulatory weeds, and not with intriguing but untested new technologies like small modular or sodium reactors.

“There’s enough space at the trough” when it comes to wins on permitting for fossil fuel, nuclear, and solar or wind enthusiasts, Penney said. “You never get into politics to be happy or get what you want. You do it because you want to be complicatedly sad to see if you can see some improvement. I think we can see some improvement.”

bipartisan tech hopes

President-elect Donald Trump’s pick for attorney general has some policymakers — Democratic ones, at that — finding common ground with parts of her tech agenda.

POLITICO’s Hailey Fuchs reported today on the relative lack of opposition among Democrats to Pamela Bondi, Trump’s AG pick, as other Cabinet nominees face serious heat. Sen. Richard Blumenthal (D-Conn.) told reporters he wanted to hear from her “an ironclad air-tight commitment” to the rule of law, but also said in an earlier statement that he appreciated a private conversation with Bondi where the two discussed “protecting kids online and curtailing Big Tech’s power.”

Blumenthal was the Democratic author of the bipartisan Kids Online Safety Act, which would have put stricter controls in parents’ hands over children’s internet use and established a “duty of care” for the platforms to protect minors from harm. The bill failed to pass the House of Representatives amid December’s government spending crisis.

the german army withdraws

Germany’s defense ministry and army will ditch their use of X, citing Elon Musk’s inability (or unwillingness) to prevent the flow of inaccurate information.

POLITICO’s Joshua Posaner and Nette Nöstlinger reported on the move today, as the defense ministry wrote on X that, "The main reason for the decision is that, according to the defense ministry's assessment, the objective exchange of arguments is becoming increasingly difficult.”

The decision follows Musk’s endorsement of the far-right Alternative for Germany party, including a live chat hosted on the platform with the party’s leader, Alice Weidel. The defense ministry said they will continue to post on Instagram, YouTube and WhatsApp.

post OF THE DAY

The Commissar Vanishes

The Future in 5 links

Stay in touch with the whole team: Derek Robertson (drobertson@politico.com); Mohar Chatterjee (mchatterjee@politico.com); Steve Heuser (sheuser@politico.com); Nate Robson (nrobson@politico.com); Daniella Cheslow (dcheslow@politico.com); and Christine Mui (cmui@politico.com).

 

Follow us on Twitter

Daniella Cheslow @DaniellaCheslow

Steve Heuser @sfheuser

Christine Mui @MuiChristine

Derek Robertson @afternoondelete

 

Follow us

Follow us on Facebook Follow us on Twitter Follow us on Instagram Listen on Apple Podcast
 

To change your alert settings, please log in at https://login.politico.com/?redirect=https%3A%2F%2Fwww.politico.com/settings

This email was sent to salenamartine360.news1@blogger.com by: POLITICO, LLC 1000 Wilson Blvd. Arlington, VA, 22209, USA

Unsubscribe | Privacy Policy | Terms of Service

Post a Comment

Previous Post Next Post