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

We think it played a very important part in actually helping not only, you know, innovative companies, but also established companies, in developing a new line of automobiles with advanced technology that get better mileage and are at high…

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.

As President Obama has said passing a clean energy standard is a vital step that Congress can take to broaden our clean energy market.

This budget helps reduce our reliance on oil by developing the next generation of home grown bio fuels and by accelerating electric vehicle research, development, and deployment.