Steven Chu
After serving one term, U.S. Energy Secretary Steven Chu announced Friday morning that he will not serve a second four-year term in the Obama administration.
In an announcement posted on the U.S. Department of Energy website, Chu said he will continue to serve as secretary through the ARPA-E Summit at the end of February and may stay beyond that “so that I can leave the department in the hands of the new secretary.” ARPA-E stands for Advanced Research Projects Agency-Energy.
Chu said he would like to return to an academic life of teaching and research, and he informed President Barack Obama of his decision to return to California shortly after the Nov. 6 election.
In his announcement, Chu outlined what he considers the accomplishments of the U.S. Department of Energy in the past four years:
- Taking ARPA-E from concept to reality;
- Doubling the production of clean, renewable energy from wind and solar;
- Helping one million low income homeowners weatherize their homes;
- Administering a loan program authorized by Congress in the previous administration, a program that generated a “portfolio of loans and loan guarantees to 33 clean energy and advanced automotive manufacturing projects that will support 60,000 jobs and generate $55 billion in economic investment.” The portfolio includes the first national scale rooftop solar project that will include commercial buildings in up to 28 states, the first nuclear power plants in the last three decades, and wind farms, solar photovoltaic, and concentrating solar power plants that will be among the largest in the world.
More information will be added as it becomes available.
TJ garland says
Shortly before he became President Barack Obama’s energy secretary, Steven Chu declared, “Somehow we have to figure out how to boost the price of gasoline to the levels in Europe” — which were around $8 per gallon at the time.
Has he changed his mind since then? It seems not. On Tuesday, during a hearing in the House of Representatives, Chu said high gas prices are helpful in spurring research on alternative energy.
A frustrated Rep. Alan Nunnelee, R-Miss., asked Chu, “But is the overall goal to get our price” of gasoline down?
“No,” Chu replied. “The overall goal is to decrease our dependency on oil, to build and strengthen our economy.”
He has also made $25 billion in bad loans during his watch.
Don’t let the door hit you in the ass, Chu.
CK says
So now this anti-American will find an appointment with a company like Solyndra and get grants from the behemoth “Gubment” and send some jobs to China now. The circle of life according to Wash. D.C.
TJ garland says
Tonopah Solar Company
The Solar thing just got a little more interesting!
The Tonopah Solar company in Harry Reid’s Nevada
is getting a $737 million loan from Obama’s DOE.
The project will produce a 110 megawatt power system
and employs 45 permanent workers.
That’s costing us just $16 million per job.
One of the investment partners in this endeavour is Pacific Corporate Group (PCG).
The PCG executive director is Ron Pelosi who is the brother to Nancy’s husband.
TJ garland says
Bttt