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Energy and Environment

Chris Wright revamping Biden green bank to focus on nuclear power

By Callie Patteson
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Chris Wright revamping Biden green bank to focus on nuclear power

Energy Secretary Chris Wright announced plans Monday to further transition the Department of Energy’s major loan-granting office away from its Biden-era focus on renewable power sources and toward boosting nuclear energy.

Wright said that the largest portion of funding from the Loan Programs Office, which was often referred to as former President Joe Biden’s “green bank,” would now be dedicated to nuclear energy.

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Chris Wright Department of Energy Energy and Environment Government Loans Nuclear Energy Trump Administration Washington D.C.