Steven Chu: “Whether the investors are Republicans or Democrats did not enter into any decision as to whether we were going to fund…”

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.

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.

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.