Steven Chu: “I was disappointed to see the House GOP propose sweeping cuts to the ARPA-E program, which would leave it with only $50…”

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.

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

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.

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