Abojani
Abojani
February 9, 2025 at 10:46 AM
On November 16, 2024, US President Donald Trump announced pro nuclear energy Charles Wright as his nominee for the United States Secretary of Energy. He was confirmed by the United States Senate to the office on February 3, 2025 by a vote of 59–38. He was sworn in later that day. Before his appointment, he was the CEO of Liberty Energy, North America's second largest hydraulic fracturing company, and served on the boards of *Oklo Inc., a nuclear technology* company, and EMX Royalty Corp., a Canadian mineral rights and mining rights royalty payment company. Oklo also has Sam Altman, CEO OpenAI as it board chair. Nuclear energy x AI are said to be the power couple of investing in the next decade. Last year, a nuclear energy company Vistra Energy was the best performing stock in the S&P 500 index. Oklo share price is up by +154% in 2025 & by +640% in the past 6 months. *ADVANCE Act (Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024)* The ADVANCE Act of 2024 was passed with bipartisan support and signed into law in July 2024. It requires the NRC to take a number of actions, particularly in the areas of licensing of new reactors and fuels, while maintaining the US NRC (Nuclear Regulatory Commission)'s core safety and security mission. The Act affects a wide range of NRC activities *NotInvestmentAdvice
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