Steven Chu: “Are we in favor of the advanced technology automobile program that we have and its loan, and the answer is yes.”

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.

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…