On the recordMay 17, 2011
Are we in favor of the advanced technology automobile program that we have and its loan, and the answer is yes.
Said by
Steven Chu
Source
congress.govAre we in favor of the advanced technology automobile program that we have and its loan, and the answer is yes.
Confirming support for the advanced technology automobile loan program.
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It is, quite frankly, ours to lose because we still have the best research institutions.
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Whether the investors are Republicans or Democrats did not enter into any decision as to whether we were going to fund the loan.
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.