On April 9, the Senate Energy and Natural Resources Committee considered the nomination of Dr. Ernest Moniz for Secretary of Energy. Many Senators praised Dr. Moniz, and he is expected to be favorably reported out of committee on Thursday. In the hearing, Dr. Moniz stressed the importance of a low-carbon economy and of an “all-of-the-above approach” to energy policy. He expressed support for renewable energy, small modular reactors (SMRs), updated natural gas emissions data, nuclear security efforts, and more options for financing projects, such as master limited partnerships (MLPs) and real estate investment trusts (REITs). He supported considering natural gas export licenses on a case-by-case basis. He added that the Obama administration had no plans of introducing a carbon tax. For a more detailed summary on Dr. Moniz’s nomination hearing, please see the attached report.