Listeners this week the Secretary of Energy Chris Wright made headlines with a major announcement that the Department of Energy will be returning more than thirteen billion dollars to American taxpayers, which means over one hundred dollars per American family. Speaking on national television, Secretary Wright explained that this money was originally allocated for energy subsidies, but in a move to address rising electricity costs, the administration decided to redirect these funds to help families directly. Wright stated that these decades-old subsidies had actually raised electricity bills rather than lowering them, contributing to what he called double losses for the public since Americans paid through taxes and then paid more on their monthly bills.

Wright emphasized that subsidies for green energy, specifically for solar, wind, and electric vehicles, have only contributed to about three percent of the US energy supply and a little more than two percent globally, arguing that the investment has not yielded meaningful progress in lowering emissions or costs. He described the financial support as a “malinvestment” and suggested the time has come for these industries to compete without government aid. Solar projects will still continue, Wright said, but they will not receive further subsidies. He highlighted that the backbone of the US electricity grid remains hydroelectricity, coal, natural gas, and nuclear power, especially during times of peak demand.

Internationally, the Secretary of Energy had recently spent nearly a week meeting with European leaders, urging them to loosen environmental limitations and purchase more United States natural gas amid increasing global uncertainty. Wright reaffirmed America’s readiness to replace Russian energy in Europe and Turkey, offering US natural gas and refined oil products to assist allies in reducing dependence on Russian supplies. He asserted that the administration can move faster than European timelines for ending imports of Russian liquefied natural gas, arguing that quick action could deprive Russia of significant revenue.

Wright, echoing President Trump’s recent United Nations speech, described much of the global climate policy agenda as harmful and counterproductive, calling for more focus on affordable energy and economic growth. He downplayed the military and security threat posed by climate change, advocating instead for open dialogue and honest data on energy and environmental trends.

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