Um, not if you're going by the Golden Dawn (including Rider-Waite deck). As Pasara said, he's Capricorn and his element is the Earth. All about the material, the sensual, the physical.
Which works if you think of him as less about passion and energy (Aries) or even dominance and more about ambition, greed and physical needs. It connects him up to Pan, god of wild sex and the forest (half-goat), Dionysus, god of wine and wild sex, and Hades, god of the underworld and riches. All very earthy. And, indeed, also with the Christian Devil which is about being tied to the material world rather than thinking of the spiritual. He controls and rules because he is covetous.