10 facts about Obama's new head of the DOE

After a lot of speculation, the official announcement has been made. Ernest Moniz will be President Barack Obama's main man at the Department of Energy pending approval by the Senate. Here are 10 things worth knowing about Moniz, who will run the DOE during Obama's second term.

1. Moniz is a nuclear physicist by training, and an advocate for the safe use of nuclear power as an energy source. In the aftermath of the Fukushima nuclear disaster, Moniz said it would be a mistake not to pursue a nuclear friendly energy policy in the U.S.

2. Obama is the second president Moniz has worked for. Moniz was President Bill Clinton's undersecretary of the DOE from 1997 to 2001. He also served as an associate director for science in Clinton's Office of Science and Technology Policy.

3. Moniz has a "wait and see" approach to new techniques in natural gas extraction, like "frakking." He says the risks of such techniques are challenging, but manageable. He has also referred to natural gas as a "bridge" fuel that can take the country to a future low-carbon energy portfolio (i.e. Away from coal).

4. Among the issues Moniz has handled at the DOE are: Oversight of science and energy policy, nuclear weapons proliferation and stockpile stewardship, nuclear fuel cycles (including waste disposal) and solar energy in a low-carbon world.

5. In a Washington Post story about carbon capture and storage, Moniz was quoted as saying in 2009 that there is no credible pathway to meeting greenhouse gas reduction targets without cutting carbon dioxide from existing coal-fired power plants.

6. As director of MIT's Energy Initiative, Moniz has some financial ties to the energy industry via the research group's $125 million in donations from the oil and gas industry since 2006, according to reports. Founding members of the organization include BP, Saudi Aramco and Shell.

7. Unlike his predecessor Steven Chu, Moniz will probably have less funding to work with. Chu's tenure at the DOE was marked by the early passage of the American Recovery and Reinvestment Act of 2009, which significantly expanded the department's operating budget.

8. Moniz's grandparents were immigrants to the U.S. who came from the Azores, an archipelago that is an autonomous region of Portugal. He grew up speaking some Portuguese.

9. Moniz serves in Chu's Blue Ribbon Commission on nuclear energy's future, which was tasked with finding new solutions for storing and disposing of nuclear waste. Moniz advocated transferring spent nuclear fuel from pools to dry casks.

10. On solar power, Moniz said he is "bullish," adding, "It just has so many features, including the fact that even though it's intermittent, at least it tends to be on when you want it." He adds, however, that fossil fuels like oil and gas will remain at the forefront of the world's energy picture for the foreseeable future.