Steven Chu

Taking greater advantage of energy efficiency, demand resources, and clean energy--WHILE AT THE SAME TIME REDUCING COSTS TO CONSUMERS--requires a transition to a more flexible and resilient electric grid and much greater coordination among…

They've made this Congress the most 'Do Nothing' Congress in history.

Today's hearing is part of the same anti-clean energy, anti-progress agenda that Republicans have been pushing for the last 21 months.

Whether the investors are Republicans or Democrats did not enter into any decision as to whether we were going to fund the loan.

We think that research, development, and demonstration of those advanced biofuels is something very much in the interest of the United States.

If I look at other countries and how they are borrowing from our playbook--we have a long history of funding our research and development through our national labs, through our universities, and even in some companies.

I cannot guarantee that everyone who is fracking is doing it that way, but certainly what appears to be is that a lion's share of the people are doing it responsibly.

We believe that that ATVM loans, for example, the loans to Ford and to Nissan, saved or generated many, many thousands of jobs.

The loans we give are for American jobs, and we are very clear about that.

To promote economic growth and strengthen security, President Obama has called for an 'all-of-the-above strategy' that develops every source of American energy.

As the President and I have said, there is no silver bullet, but we can and must pursue a serious, long-term, all-of-the-above approach.