Steven Chu: “Climate change is a growing and pressing problem.”

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

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

We believe that that ATVM loans, for example, the loans to Ford and to Nissan, saved or generated many, many thousands of jobs.

We think that research, development, and demonstration of those advanced biofuels is something very much in the interest of the United States.