All-In with Chamath, Jason, Sacks & Friedberg Energy Secretary Chris Wright on the Future of American Energy | All-In Summit 2025
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Sep 8, 2025 
Chris Wright, the United States Secretary of Energy, dives into the complexities of America's energy future. He discusses the potential of nuclear energy compared to China’s strategies and critiques the effectiveness of solar and wind in meeting our needs. The conversation also tackles the rising electricity prices and the role of hydrocarbons in global energy supply. Wright calls for a balanced energy policy that considers both climate change and immediate human needs, highlighting the critical need for investment in research and infrastructure.
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Nuclear's Energy Density And Regulatory Burden
- Nuclear's chief advantage is extreme energy density and reliability which gives it long-term running room.
- Fear, overregulation, and bureaucratic permitting have strangled U.S. nuclear deployment for decades.
The World Still Runs On Hydrocarbons
- Hydrocarbons still supply about 85% of global energy and their share hasn't changed since 1973.
- Nuclear provides ~4% and wind, solar and batteries supply under 3% of total global energy today.
Grid Backbone And Past Price Trends
- The U.S. grid backbone historically relied on coal, hydro, natural gas, and nuclear providing most capacity.
- For a century electricity prices fell in real terms because grid infrastructure scaled to meet growing demand affordably.