Steven Chu

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.

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…

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

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

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

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

The American taxpayer has every right to expect that there is a reasonable chance for repayment of the loans we give out.

Pound for pound, dollar for dollar, he felt that ARPA-E was the most effective use of government resources he has seen in a long time.